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CHART INDUSTRIES INC — Director's Dealing 2011
Mar 3, 2011
30669_dirs_2011-03-03_3596132e-15c8-4620-a9a8-cb22b2ee26b3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CHART INDUSTRIES INC (GTLS)
CIK: 0000892553
Period of Report: 2011-03-01
Reporting Person: BIEHL MICHAEL F (Executive VP, CFO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-01 | Common Stock, par value $0.01 per share | M | 20244 | $6.50 | Acquired | 33838 | Direct |
| 2011-03-01 | Common Stock, par value $0.01 per share | S | 20244 | $44.86 | Disposed | 13594 | Direct |
| 2011-03-01 | Common Stock, par value $0.01 per share | M | 4875 | $11.00 | Acquired | 18469 | Direct |
| 2011-03-01 | Common Stock, par value $0.01 per share | S | 4875 | $45.00 | Disposed | 13594 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-03-01 | Stock Option (Right to Buy) | $6.50 | M | 20244 | Disposed | 2015-11-23 | Common Stock (20244) | Direct |
| 2011-03-01 | Stock Option (Right to Buy) | $11.00 | M | 4875 | Disposed | 2019-01-02 | Common stock (4875) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 per share | 29800 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $27.74 | 2017-08-02 | Common Stock (6100) | 6100 | Direct |
| Stock Option (Right to Buy) | $30.95 | 2018-01-02 | Common Stock (6500) | 6500 | Direct |
| Stock Option (Right to Buy) | $17.03 | 2020-01-04 | Common Stock (11000) | 11000 | Direct |
| Stock Option (Right to Buy) | $36.45 | 2021-01-03 | Common Stock (7240) | 7240 | Direct |
Footnotes
F1: 6,194 and 2,840 shares of the total amount beneficially owned were granted on February 22, 2010 and January 3, 2011, respectively, pursuant to restricted stock award agreements under the Chart Industries, Inc. 2009 Omnibus Equity Plan in an exempt transaction under Rule 16b-3 and remain subject to restriction. The restricted stock awards vest in equal installments on each of the first three anniversaries of the date of grant.
F2: Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $44.80 - $44.90. The reporting person hereby undertakes, upon request by the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F3: No transaction is being reported on this line. Reported on a previously filed Form 4 or Form 5.
F4: The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the benficial owner of these securities for purposes of Section 16 or for any other purpose.
F5: These options were granted on November 23, 2005 pursuant to the terms of the Chart Industries, Inc. Amended and Restated 2005 Stock Incentive Plan in an exempt transaction under Rule 16b-3. The options vest annually from the date of grant in equal installments over five years based on continued service.
F6: These options were granted on January 2, 2009 pursuant to the Chart Industries, Inc. Amended and Restated 2005 Stock Incentive Plan in an exempt transaction under Rule 16b-3. The options vest with respect to one-fourth (1/4) of the total number of shares of common stock underlying the stock options on each of the first four anniversaries of the date of grant.
F7: These options were granted on August 2, 2007 pursuant to the Chart Industries, Inc. Amended and Restated 2005 Stock Incentive Plan in an exempt transaction under Rule 16b-3. The options vest with respect to one-fourth (1/4) of the total number of shares of common stock underlying the stock options on each of the first four anniversaries of the date of grant.
F8: These options were granted on January 2, 2008 pursuant to the Chart Industries, Inc. Amended and Restated 2005 Stock Incentive Plan in an exempt transaction under Rule 16b-3. The options vest with respect to one-fourth (1/4) of the total number of shares of common stock underlying the stock options on each of the first four anniversaries of the date of grant.
F9: These options were granted on January 4, 2010 pursuant to the Chart Industries, Inc. 2009 Omnibus Equity Plan in an exempt transaction under Rule 16b-3. The options vest with respect to one-fourth (1/4) of the total number of shares of common stock underlying the stock options on each of the first four anniversaries of the date of grant.
F10: These options were granted on January 3, 2011 pursuant to the Chart Industries, Inc. 2009 Omnibus Equity Plan in an exempt transaction under Rule 16b-3. The options vest with respect to one-fourth (1/4) of the total number of shares of common stock underlying the stock options on each of the first four anniversaries of the date of grant.