SAWYER JAMES S 4
4 · PRAXAIR INC · Filed Mar 6, 2012
Insider Transaction Report
Form 4
SAWYER JAMES S
Executive V.P. and CFO
Transactions
- Tax Payment
Common Stock
2012-03-02$109.88/sh−8,790$965,845→ 51,014 total - Exercise/Conversion
Performance Share Units
2012-03-02−20,370→ 0 total→ Common Stock (20,370 underlying) - Exercise/Conversion
Common Stock
2012-03-02+20,370→ 59,804 total - Award
Performance Share Units
2012-03-02+20,370→ 20,370 totalExercise: $0.00→ Common Stock (20,370 underlying)
Holdings
- 12,242.369(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Shares of common stock acquired pursuant to the payout of a performance share unit grant made on February 24, 2009 (the "PSU").
- [F2]This total includes shares of unvested restricted stock.
- [F3]Shares of common stock withheld from the PSU payout to cover tax withholdings.
- [F4]The PSU paid out on March 2, 2012, and the number of shares awarded and paid out was determined based upon the cumulative earnings per share ("EPS") of Praxair, Inc. from 2009 - 2011 measured against EPS goals set by the Compensation and Management Development Committee of the Board of Directors when the PSU was granted in 2009.