Filing Details
- Accession Number:
- 0001439288-17-000108
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-09-06 19:06:50
- Reporting Period:
- 2017-09-06
- Accepted Time:
- 2017-09-06 18:06:50
- 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 |
---|---|---|---|---|---|---|---|
1713078 | Michael Troutman | 247 Freshwater Way Suite 300 Milwaukee WI 53214 | Chief Information Officer | 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 | 2017-09-06 | 128 | $23.73 | 4,500 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | $4.79 | 2017-11-30 | 39,110 | 39,110 | Direct | |
Common Stock | Stock Option (right to buy) | $8.89 | 2020-07-29 | 29,138 | 29,138 | Direct | |
Common Stock | Stock Option (right to buy) | $22.03 | 2022-05-11 | 45,000 | 45,000 | Direct | |
Common Stock | Stock Option (right to buy) | $19.00 | 2013-05-23 | 2023-05-23 | 25,000 | 25,000 | Direct |
Common Stock | Stock Option (right to buy) | $29.31 | 2015-09-03 | 2024-09-03 | 17,490 | 17,490 | Direct |
Common Stock | Stock Option (right to buy) | $25.77 | 2016-05-22 | 2025-05-22 | 25,978 | 25,978 | Direct |
Common Stock | Stock Option (right to buy) | $19.70 | 2017-05-20 | 2026-05-20 | 38,768 | 38,768 | Direct |
Common Stock | Stock Option (right to buy) | $23.13 | 2018-05-19 | 2027-05-19 | 18,519 | 18,519 | Direct |
Common Stock | Performance Stock Units | $0.00 | 2,887 | 2,887 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2017-11-30 | 39,110 | 39,110 | Direct |
2020-07-29 | 29,138 | 29,138 | Direct |
2022-05-11 | 45,000 | 45,000 | Direct |
2023-05-23 | 25,000 | 25,000 | Direct |
2024-09-03 | 17,490 | 17,490 | Direct |
2025-05-22 | 25,978 | 25,978 | Direct |
2026-05-20 | 38,768 | 38,768 | Direct |
2027-05-19 | 18,519 | 18,519 | Direct |
2,887 | 2,887 | 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 $23.70 to $23.76. 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.
- Option fully vested.
- One half of the original option vests three years from the date listed above and 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.