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DOVER Corp — Director's Dealing 2016
Feb 16, 2016
30247_dirs_2016-02-16_71c0f0c9-91ca-40ae-8d54-8dd09844ffd1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DOVER Corp (DOV)
CIK: 0000029905
Period of Report: 2016-02-11
Reporting Person: Cerepak Brad M (Senior Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-11 | Common Stock | M | 3731 | — | Acquired | 48528 | Direct |
| 2016-02-11 | Common Stock | F | 1706 | $57.25 | Disposed | 46822 | Direct |
| 2016-02-11 | Common Stock | A | 6463 | — | Acquired | 53285 | Direct |
| 2016-02-12 | Common Stock | F | 769 | $58.465 | Disposed | 52516 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-11 | Performance Shares | $ | M | 5111 | Disposed | Common Stock (5111) | Direct | |
| 2016-02-11 | Stock Appreciation Right | $57.25 | A | 77555 | Acquired | 2026-02-11 | Common Stock (77555) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1468 | Indirect |
Footnotes
F1: Represents settlement of performance shares representing a contingent right to receive shares of Dover common stock, based on Dover's relative total shareholder return versus that of Dover's peer group for the three-year performance period ended 12/31/2015. The Reporting Person's Issuer equity awards outstanding as of February 28, 2014, including the performance shares award, have been adjusted in connection with the separation of Knowles Corporation from the Issuer that was effected on February 28, 2014, to preserve the value of the Issuer securities as contemplated in the Employee Matters Agreement that was entered into by the Issuer and Knowles Corporation on that date.
F2: Represents grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Dover common stock. The restricted stock units will vest in three annual installments beginning on March 15, 2017.
F3: Shares withheld for taxes upon partial vesting of restricted stock units granted on February 12, 2015.