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CHART INDUSTRIES INC — Director's Dealing 2012
Aug 16, 2012
30669_dirs_2012-08-16_50891e98-b0d0-4dd8-8d4f-b042078d07e3.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: 2012-08-15
Reporting Person: Webster Kenneth J (Vice Pres., CAO and Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-08-15 | Common Stock, par value $0.01 per share | M | 1300 | $27.74 | Acquired | 7602 | Direct |
| 2012-08-15 | Common Stock, par value $0.01 per share | S | 1300 | $70.91 | Disposed | 6302 | Direct |
| 2012-08-15 | Common Stock, par value $0.01 per share | M | 2240 | $30.95 | Acquired | 8542 | Direct |
| 2012-08-15 | Common Stock, par value $0.01 per share | S | 2240 | $70.91 | Disposed | 6302 | Direct |
| 2012-08-15 | Common Stock, par value $0.01 per share | M | 840 | $11.00 | Acquired | 7142 | Direct |
| 2012-08-15 | Common Stock, par value $0.01 per share | S | 840 | $70.91 | Disposed | 6302 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-15 | Stock Option (Right to Buy) | $27.74 | M | 1300 | Disposed | 2017-08-02 | Common Stock (1300) | Direct |
| 2012-08-15 | Stock Option (Right to Buy) | $30.95 | M | 2240 | Disposed | 2018-01-02 | Common Stock (2240) | Direct |
| 2012-08-15 | Stock Option (Right to Buy) | $11.00 | M | 840 | Disposed | 2019-01-02 | Common stock (840) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $17.03 | 2020-01-04 | Common Stock (2895) | 2895 | Direct |
| Stock Option (Right to Buy) | $36.45 | 2021-01-03 | Common Stock (2590) | 2590 | Direct |
| Stock Option (Right to Buy) | $55.93 | 2022-01-03 | Common Stock (1520) | 1520 | Direct |
| Restricted Stock Unit | $0.00 | 2015-01-03 | Common Stock (630) | 630 | Direct |
Footnotes
F1: 1,088 and 681 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 by Mr. Webster on August 15, 2012. Shares were sold at varying prices in the range of $70.86 - $70.98. 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: 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.
F4: 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.
F5: 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.
F6: No transaction is being reported on this line. Reported on a previously filed Form 4 or Form 5.
F7: 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.
F8: 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.
F9: These options were granted on January 3, 2012 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 securities, which are referred to by the Company as Leveraged Restricted Share Units (LRSUs), were granted on January 3, 2012 pursuant to a Leveraged Restricted Share Unit Agreement under the Chart Industries, Inc. 2009 Omnibus Equity Plan in an exempt transaction under Rule 16b-3. Shares of Company common stock will be issued following the vesting of the LRSUs on the third anniversary of the date of grant. The minimum number of shares of Company common stock that will be issued at payment is 50% of the grant amount of LRSUs, and the maximum number of shares of Company common stock that will be issued at payment is 150% of the grant amount of LRSUs.