4//SEC Filing
CLARCOR INC. 4
Accession 0001562180-17-001019
CIK 0000020740operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 9:49 AM ET
Size
30.3 KB
Accession
0001562180-17-001019
Insider Transaction Report
Form 4
CLARCOR INC.CLC
Conway Christopher
President and COO
Transactions
- Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−12,121→ 0 totalExercise: $62.53→ Common Stock Par Value $1.00 (12,121 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28$83.00/sh−96,917$8,044,111→ 0 total - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−28,750→ 0 totalExercise: $61.57Exp: 2023-12-15→ Common Stock Par Value $1.00 (28,750 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−60,000→ 0 totalExercise: $63.22Exp: 2025-01-19→ Common Stock Par Value $1.00 (60,000 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−1,467→ 0 totalExercise: $32.78→ Common Stock Par Value $1.00 (1,467 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−1,419→ 0 totalExercise: $32.30→ Common Stock Par Value $1.00 (1,419 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−5,000→ 0 totalExercise: $63.22→ Common Stock Par Value $1.00 (5,000 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−12,898→ 0 totalExercise: $46.45→ Common Stock Par Value $1.00 (12,898 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−1,704→ 0 totalExercise: $61.57→ Common Stock Par Value $1.00 (1,704 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−16,908→ 0 totalExercise: $82.50→ Common Stock Par Value $1.00 (16,908 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−90,000→ 0 totalExercise: $46.45Exp: 2026-01-17→ Common Stock Par Value $1.00 (90,000 underlying) - Disposition to Issuer
Common Stock Par Value $1.00
2017-02-28−737→ 0 totalExercise: $36.48→ Common Stock Par Value $1.00 (737 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of December 1, 2016 (the "Merger Agreement"), by and among CLARCOR Inc. (the "Company"), Parker-Hannifin Corporation ("Parker") and Parker Eagle Corporation, a wholly owned subsidiary of Parker ("Merger Sub"), at the effective time of the merger, these shares of Company common stock were converted into the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the per share merger consideration of $83.00.
- [F2]Pursuant to the Merger Agreement, at the effective time of the merger, this stock option was cancelled in exchange for the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the product of (i) the total number of shares of Company common stock subject to such stock option and (ii) the excess of the per share merger consideration of $83.00 over the exercise price per share of the stock option.
- [F3]Pursuant to the Merger Agreement, at the effective time of the merger, each of these time-based restricted stock units were cancelled in exchange for the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the per share merger consideration of $83.00.
- [F4]Pursuant to the Merger Agreement, at the effective time of the merger, each of these performance-based restricted stock units were cancelled in exchange for the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the per share merger consideration of $83.00.
Documents
Issuer
CLARCOR INC.
CIK 0000020740
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000020740
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 9:49 AM ET
- Size
- 30.3 KB