Home > Insider Trading > Filing (0000884905-11-000007)

Filing Details

Accession Number:: 0000884905-11-000007
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-02-16 17:21:55
Reporting Period:: 2011-02-14

Filing Date:: 2011-02-16
Accepted Time:: 2011-02-16 17:21:55
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
884905	Praxair Inc	PX	Industrial Inorganic Chemicals (2810)	061249050

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1190781	S James Sawyer	39 Old Ridgebury Road Danbury CT 06810-5113	Executive V.p. And Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2011-02-14	25,000	$44.25	38,350	No	4	M	Direct
Common Stock	Disposition	2011-02-14	25,000	$96.84	13,350	No	4	S	Direct
Common Stock	Acquisiton	2011-02-14	29,575	$53.98	42,925	No	4	M	Direct
Common Stock	Disposition	2011-02-14	29,575	$96.84	13,350	No	4	S	Direct
Common Stock	Acquisiton	2011-02-15	24,175	$53.98	37,525	No	4	M	Direct
Common Stock	Disposition	2011-02-15	24,175	$96.43	13,350	No	4	S	Direct
Common Stock	Acquisiton	2011-02-15	27,066	$60.92	40,416	No	4	M	Direct
Common Stock	Disposition	2011-02-15	27,066	$96.43	13,350	No	4	S	Direct
Common Stock	Acquisiton	2011-02-15	14,697	$61.47	28,047	No	4	M	Direct
Common Stock	Disposition	2011-02-15	14,697	$96.43	13,350	No	4	S	Direct
Common Stock	Acquisiton	2011-02-15	37,720	$61.47	51,070	No	4	M	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2011-02-14	25,000	$0.00	25,000	$44.25
Common Stock	Stock Option (right to buy)	Disposition	2011-02-14	29,575	$0.00	29,575	$53.98
Common Stock	Stock Option (right to buy)	Disposition	2011-02-15	52,417	$0.00	52,417	$61.47
Common Stock	Stock Option (right to buy)	Disposition	2011-02-15	24,175	$0.00	24,175	$53.98
Common Stock	Stock Option (right to buy)	Disposition	2011-02-15	27,066	$0.00	27,066	$60.92

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2006-02-22	2015-02-22	No	4	M	Direct
24,175	2007-02-28	2016-02-29	No	4	M	Direct
0	2008-02-27	2017-02-27	No	4	M	Direct
0	2007-02-28	2016-02-29	No	4	M	Direct
54,134	2010-02-24	2019-02-24	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	11,772	Indirect	401(k)

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (right to buy)	$83.89	2011-02-26	2018-02-26	30,000	30,000	Direct
Common Stock	Stock Option (right to buy)	$83.89	2009-02-26	2018-02-26	37,447	37,447	Direct
Common Stock	Stock Option (right to buy)	$76.16	2011-02-23	2020-02-23	53,720	53,720	Direct
Common Stock	Deferred Stock	$0.00			4,664	4,664	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2018-02-26	30,000	30,000	Direct
2018-02-26	37,447	37,447	Direct
2020-02-23	53,720	53,720	Direct
	4,664	4,664	Direct

Footnotes

This total includes shares previously acquired through automatic dividend reinvestment under the Praxair Dividend Reinvestment and Stock Purchase Plan.
Shares sold solely to cover option exercise price and tax withholdings to enable reporting person to ultimately retain 37,720 shares from the option exercise at $61.47 per share on February 15, 2011. The $96.8370 price reported is the weighted average sale price. The sale prices ranged from $96.80 to $96.95 per share. Upon request of the SEC Staff, Praxair, Inc. or a security holder of Praxair, Inc., the reporting person will provide full information regarding the number of shares sold at each separate price.
Shares sold solely to cover option exercise price and tax withholdings to enable reporting person to ultimately retain 37,720 shares from the option exercise at $61.47 per share on February 15, 2011. The $96.4258 price reported is the weighted average sale price. The sale prices ranged from $96.17 to $96.67 per share. Upon request of the SEC Staff, Praxair, Inc. or a security holder of Praxair, Inc., the reporting person will provide full information regarding the number of shares sold at each separate price.
This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
This option will vest in full if Praxair, Inc. achieves cumulative fiscal year earnings per share growth of at least 33% over 2007 earnings per share at any time prior to January 1, 2011. If vested, the option may be exercised beginning on the third anniversary of the grant date. If Praxair, Inc. fails to meet the cumulative earnings per share goal, this option will be forfeited.
This option vests over three years in three consecutive equal annual installments beginning on February 26, 2009.
This option vests over three years in three consecutive equal annual installments beginning on February 24, 2010.
This option vests over three years in three consecutive equal annual installments beginning on February 23, 2011.
Conversion to Praxair Common Stock is on a 1-for-1 basis.
Deferred stock units accrued under the 1993 Praxair, Inc. Compensation Deferral Program as amended and are to be settled in Praxair Common Stock.