4//SEC Filing
BENSON PAUL PATRICK 4
Accession 0001225208-19-005444
CIK 0000033619other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 8:56 PM ET
Size
23.1 KB
Accession
0001225208-19-005444
Insider Transaction Report
Form 4
BENSON PAUL PATRICK
VP, HR
Transactions
- Disposition to Issuer
Restricted Stock Units
2019-03-14−800→ 0 totalExercise: $0.00From: 2019-11-08Exp: 2019-11-08→ Common Stock (800 underlying) - Disposition to Issuer
Common Stock
2019-03-14$122.50/sh−3,564.58$436,661→ 0 total - Disposition to Issuer
Restricted Stock Units
2019-03-14−2,480→ 0 totalExercise: $0.00→ Common Stock (2,480 underlying) - Award
Common Stock
2019-03-14+1,324→ 3,564.58 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2019-03-14−2,300→ 0 totalExercise: $92.75From: 2018-11-07Exp: 2027-11-07→ Common Stock (2,300 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2019-03-14−2,000→ 0 totalExercise: $79.31From: 2016-11-18Exp: 2025-11-18→ Common Stock (2,000 underlying) - Disposition to Issuer
Restricted Stock Units
2019-03-14−900→ 0 totalExercise: $0.00From: 2020-11-07Exp: 2020-11-07→ Common Stock (900 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2019-03-14−2,100→ 0 totalExercise: $71.85From: 2017-11-08Exp: 2026-11-08→ Common Stock (2,100 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2019-03-14−6,500→ 0 totalExercise: $117.53From: 2015-12-11Exp: 2024-12-11→ Common Stock (6,500 underlying)
Footnotes (6)
- [F1]These shares were granted pursuant to performance-based restricted stock unit awards deemed earned at target and prorated pursuant to the terms of the Agreement and Plan of Merger, dated as of October 9, 2018, as amended (the "Merger Agreement"), by and among Esterline Technologies Corporation ("Issuer"), TransDigm Group Incorporated, and Thunderbird Merger Sub, Inc.
- [F2]Includes shares acquired under the Esterline Technologies Corporation employee stock purchase plan.
- [F3]Each outstanding share of common stock of Issuer at the Effective Time (as defined in the Merger Agreement) was converted into the right to receive an amount in cash equal to $122.50 pursuant to the terms of the Merger Agreement.
- [F4]Pursuant to the Merger Agreement, each option to purchase shares of common stock of the Issuer, whether vested or unvested, was, as of the Effective Time, cancelled and converted into the right to receive an amount in cash equal to the product obtained by multiplying (a) the amount by which $122.50 exceeds the per-share exercise price of such option, by (b) the total number of shares of Issuer common stock underlying such option.
- [F5]Pursuant to the Merger Agreement (a) 1,732 restricted stock units, were, as of the Effective Time, cancelled and converted into the right to receive an amount in cash equal to $122.50 for each share of Issuer common stock underlying such restricted stock units and (b) 748 restricted stock units were forfeited for no consideration.
- [F6]Pursuant to the Merger Agreement, each restricted stock unit award, whether vested or unvested, was, as of the Effective Time, cancelled and converted into the right to receive an amount in cash equal to the product obtained by multiplying (a) $122.50, by (b) the total number of shares of Issuer common stock underlying such award.
Documents
Issuer
ESTERLINE TECHNOLOGIES CORP
CIK 0000033619
Entity typeother
Related Parties
1- filerCIK 0001627392
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 8:56 PM ET
- Size
- 23.1 KB