Filing Details
- Accession Number:
- 0001439288-16-000219
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-09-08 17:40:45
- Reporting Period:
- 2016-09-06
- Filing Date:
- 2016-09-08
- Accepted Time:
- 2016-09-08 17:40:45
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1439288 | Rexnord Corp | RXN | General Industrial Machinery & Equipment (3560) | 205197013 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1615587 | Craig Wehr | 4701 W. Greenfield Ave. Milwaukee WI 53214 | Group Ex., President-Zurn | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2016-09-06 | 256 | $21.76 | 1,621 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 3,302 | Indirect | By 401(k) Plan |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | $4.80 | 2019-07-30 | 29,964 | 29,964 | Direct | |
Common Stock | Stock Option (right to buy) | $8.89 | 2020-07-29 | 20,813 | 20,813 | Direct | |
Common Stock | Stock Option (right to buy) | $22.03 | 2012-05-11 | 2022-05-11 | 35,000 | 35,000 | Direct |
Common Stock | Stock Option (right to buy) | $19.00 | 2013-05-23 | 2023-05-23 | 45,000 | 45,000 | Direct |
Common Stock | Stock Option (right to buy) | $29.31 | 2015-09-03 | 2024-09-03 | 27,100 | 27,100 | Direct |
Common Stock | Stock Option (right to buy) | $25.77 | 2016-05-22 | 2025-05-22 | 30,702 | 30,702 | Direct |
Common Stock | Stock Option (right to buy) | $19.70 | 2017-05-20 | 2026-05-20 | 46,412 | 46,412 | Direct |
Common Stock | Performance Stock Units | $0.00 | 3,412 | 3,412 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2019-07-30 | 29,964 | 29,964 | Direct |
2020-07-29 | 20,813 | 20,813 | Direct |
2022-05-11 | 35,000 | 35,000 | Direct |
2023-05-23 | 45,000 | 45,000 | Direct |
2024-09-03 | 27,100 | 27,100 | Direct |
2025-05-22 | 30,702 | 30,702 | Direct |
2026-05-20 | 46,412 | 46,412 | Direct |
3,412 | 3,412 | Direct |
Footnotes
- Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of restricted stock units.
- This transaction was executed in multiple trades at prices ranging from $21.75 to $21.77.The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
- Based on the information from the trustee of the 401(k) Plan.
- Option fully vested.
- One half of the original option vested three years from the date listed above and an the other half vests five years from the date listed above.
- The original option vests in four annual installments beginning on the date listed above.
- The original option vests in three annual installments beginning on the date listed above.
- Each performance stock unit ("PSU") represents a contingent right to receive one share of Rexnord Corporation's common stock if certain conditions are satisfied during the three-year performance period (fiscal 2016-fiscal 2018). Vesting of the PSUs is dependent on the relative total shareholder return of Rexnord Corporation's common stock as compared to companies in the S&P 1500 Industrials Sector Index and on goals related to absolute free cash flow conversion. The target number of PSUs that may be earned is reported above; the maximum amount is 200% of the number reported.