Ebbrecht David R 4
4 · KANSAS CITY SOUTHERN · Filed May 10, 2013
Insider Transaction Report
Form 4
Ebbrecht David R
EVP of Subsidiary
Transactions
- Sale
Common Stock
2013-05-09$110.19/sh−2,522$277,912→ 28,588 total
Holdings
- 11.262(indirect: By 401(k))
Common Stock
- 3,320
Employee Stock Option (Right to Buy)
Exercise: $52.62Exp: 2021-02-22→ Common Stock (3,320 underlying) - 3,666
Employee Stock Option (Right to Buy)
Exercise: $97.77Exp: 2023-02-20→ Common Stock (3,666 underlying) - 3,362
Employee Stock Option (Right to Buy)
Exercise: $66.99Exp: 2022-02-21→ Common Stock (3,362 underlying)
Footnotes (5)
- [F1]2,634 of these shares represent performance shares that were earned on February 21, 2013 when the KCS Compensation and Organization Committee determined that the 2012 performance goals were met. These performance shares will not vest until February 28, 2014 contingent upon continued employment by the reporting person through that date. With respect to these shares, the reporting person does not have the right to vote, receive, or be entitled to receive, cash or non-cash dividends or any other beneficial rights as a shareholder of the Company.
- [F2]2,541 of these shares represent performance shares that were earned on February 22, 2012 when the KCS Compensation and Organization Committee determined that the 2011 performance goals were met. These performance shares will not vest until February 28, 2014 contingent upon continued employment by the reporting person through that date. With respect to these shares, the reporting person does not have the right to vote, receive, or be entitled to receive, cash or non-cash dividends or any other beneficial rights as a shareholder of the Company.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.001 to $110.29, inclusive. The reporting person undertakes to provide to Kansas City Southern, any security holder of Kansas City Southern, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]1,660 of these options become exercisable on February 23, 2013 and 1,660 of these options become exercisable on February 23, 2014.
- [F5]These options become exercisable in three equal installments beginning on the first anniversary of the date of grant.