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EMERSON ELECTRIC CO — Director's Dealing 2017
Oct 3, 2017
29929_dirs_2017-10-03_40a019a8-e5d6-4482-8c3e-266aca7dcae4.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: 2017-09-30
Reporting Person: SCHLUETER RICHARD J (VP, Contr. & Chief Acc. Off.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-30 | Common Stock | M | 10320 | — | Acquired | 88067 | Direct |
| 2017-09-30 | Common Stock | F | 3442 | $62.805 | Disposed | 84625 | Direct |
| 2017-10-01 | Common Stock | F | 1668 | $62.985 | Disposed | 82957 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-30 | Restricted Stock Units | $ | M | 10320 | Disposed | Common Stock (10320) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3309.569 | Indirect |
| Common Stock | 1671.786 | Indirect |
Footnotes
F1: Vesting of 10,320 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (10,320 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, 2016. 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: Shares withheld for required minimum taxes upon vesting of previously reported stock grant under shareholder approved benefit plan exempt pursuant to Rule 16b-3.
F6: Fair market value on date of the vesting described in Note 5.
F7: Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.