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EMERSON ELECTRIC CO — Director's Dealing 2014
Oct 2, 2014
29929_dirs_2014-10-02_2be2da9d-7b4b-4d37-9250-f710440e2f34.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EMERSON ELECTRIC CO (EMR)
CIK: 0000032604
Period of Report: 2014-09-30
Reporting Person: Pelch Steve J. (VP - Organizational Planning)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-30 | Common Stock | M | 6696 | — | Acquired | 34230 | Direct |
| 2014-09-30 | Common Stock | F | 2234 | $62.76 | Disposed | 31996 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-09-30 | Restricted Stock Units | $ | M | 6696 | Disposed | Common Stock (6696) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 853.968 | Indirect |
| Common Stock | 370.549 | Indirect |
Footnotes
F1: Vesting of 6,696 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (6,696 units) of the earned performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2013. The restricted stock units were subject to a one-year vesting period. The payout of the other 60% was previously reported.
F2: Price is not applicable to the acquisition or vesting of the restricted stock units described in Note 1 or to the acquisition of Issuer common stock upon such vesting.
F3: Shares withheld for required minimum taxes upon vesting of restricted stock units described in Note 1 exempt pursuant to Rule 16b-3.
F4: Fair market value on date of the vesting described in Note 1.
F5: Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.