AI assistant
RESMED INC — Director's Dealing 2016
Mar 17, 2016
30071_dirs_2016-03-17_49ffebf1-efa4-4700-9a18-9955df61663b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RESMED INC (RMD)
CIK: 0000943819
Period of Report: 2016-03-15
Reporting Person: Farrell Michael J. (Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-15 | ResMed Common Stock | M | 5975 | $33.70 | Acquired | 150852 | Direct |
| 2016-03-15 | ResMed Common Stock | S | 5975 | $58.57 | Disposed | 144877 | Direct |
| 2016-03-16 | ResMed Common Stock | A | 8097 | — | Acquired | 152974 | Direct |
| 2016-03-16 | ResMed Common Stock | F | 4226 | — | Disposed | 148748 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-15 | ResMed Common Stock Options | $33.70 | M | 5975 | Disposed | 2017-11-11 | ResMed Commmon Stock (5975) | Direct |
Footnotes
F1: The transaction was conducted under a 10b5-1 Plan as defined under the Securities Exchange Act of 1934, as amended.
F2: Represents date options first became exercisable. Options vest 1/4 annually.
F3: Shares acquired on vesting of performance-based restricted stock units. The PSUs were granted March 1, 2013, with a three-year performance period. The shares were earned and vested March 16, 2016, when the ResMed compensation committee certified performance.
F4: Shares earned, based on performance, at 40% of the target award.
F5: Disposition to issuer for tax withholding on vesting of performance-based restricted stock units granted March 1, 2013.