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NORDSON CORP — Director's Dealing 2016
Nov 23, 2016
30481_dirs_2016-11-23_d199603d-25fa-4f03-8f7c-a24f78c16591.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NORDSON CORP (NDSN)
CIK: 0000072331
Period of Report: 2016-11-21
Reporting Person: Hilton Michael F (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-21 | Common Stock | A | 7450 | — | Acquired | 158532 | Direct |
| 2016-11-21 | Common Stock | A | 14900 | — | Acquired | 174092 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-21 | Employee Stock Options (right to buy) | $107.65 | A | 60400 | Acquired | 2026-11-21 | Common Stock (60400) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Options (right to buy) | $30.70 | 2020-01-16 | Common Stock (69218) | 69218 | Direct |
| Employee Stock Options (right to buy) | $43.32 | 2020-12-07 | Common Stock (50000) | 50000 | Direct |
| Employee Stock Options (right to buy) | $43.73 | 2021-11-28 | Common Stock (55000) | 55000 | Direct |
| Employee Stock Options (right to buy) | $61.59 | 2022-11-28 | Common Stock (43000) | 43000 | Direct |
| Employee Stock Options (right to buy) | $71.75 | 2023-11-25 | Common Stock (42700) | 42700 | Direct |
| Employee Stock Options (right to buy) | $79.66 | 2024-11-24 | Common Stock (49100) | 49100 | Direct |
| Employee Stock Options (right to buy) | $70.91 | 2025-11-23 | Common Stock (72800) | 72800 | Direct |
Footnotes
F1: On November 21, 2016, the Company awarded 7,450 restricted shares under the Company's 2012 Stock Incentive and Award Plan. One-third of the restricted shares will vest on each of November 30, 2017, 2018, and 2019.
F2: On November 21, 2016, the Company awarded 14,900 performance shares under the Company's 2012 Stock Incentive and Award Plan, which represent the right to receive shares contingent upon the achievement of performance measures over a 3-year performance period. Shares that are earned upon the attainment of the applicable performance targets settle in January 2020. The ultimate number of shares earned is subject to adjustment based on actual performance. The holdings include 660 shares acquired through dividend payments and are net of shares previously withheld or sold to cover withholding taxes.
F3: All such options have fully vested.
F4: On November 28, 2012, the Company awarded 43,000 stock options under the Company's Long-Term Performance Plan. The options vest in 4 equal annual installments beginning on November 28, 2013. The vested portions of such options will become exercisable upon vesting.
F5: On November 25, 2013, the Company awarded 42,700 stock options under the Company's 2012 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 25, 2014. The vested portions of such options will become exercisable upon vesting.
F6: On November 24, 2014, the Company awarded 49,100 stock options under the Company's 2012 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 24, 2015. The vested portions of such options will become exercisable upon vesting.
F7: On November 23, 2015, the Company awarded 72,800 stock options under the Company's 2012 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 23, 2016. The vested portions of such options will become exercisable upon vesting.
F8: On November 21, 2016, the Company awarded 60,400 stock options under the Company's 2012 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 21, 2017. The vested portions of such options will become exercisable upon vesting.