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
  1. Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of restricted stock units.
  2. 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.
  3. Based on the information from the trustee of the 401(k) Plan.
  4. Option fully vested.
  5. 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.
  6. The original option vests in four annual installments beginning on the date listed above.
  7. The original option vests in three annual installments beginning on the date listed above.
  8. 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.