Filing Details

Accession Number:
0000884905-11-000040
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-04 15:26:55
Reporting Period:
2011-05-02
Filing Date:
2011-05-04
Accepted Time:
2011-05-04 15:26:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
884905 Praxair Inc PX Industrial Inorganic Chemicals (2810) 061249050
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1519439 A Sally Savoia C/O Praxair, Inc.
39 Old Ridgebury Road
Danbury CT 06810-5113
Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-05-02 40,000 $26.43 43,992 No 4 M Direct
Common Stock Disposition 2011-05-02 40,000 $105.42 3,992 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2011-05-02 40,000 $0.00 40,000 $26.43
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2004-02-28 2013-02-28 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 302 Indirect Joint with spouse
Common Stock 781 Indirect Owned by child
Common Stock 18,254 Indirect 401(k)
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (right to buy) $36.58 2005-02-24 2014-02-24 50,000 50,000 Direct
Common Stock Stock Option (right to buy) $44.25 2006-02-22 2015-02-22 55,000 55,000 Direct
Common Stock Stock Option (right to buy) $53.98 2007-02-28 2016-02-29 45,000 45,000 Direct
Common Stock Stock Option (right to buy) $61.47 2008-02-27 2017-02-27 35,000 35,000 Direct
Common Stock Stock Option (right to buy) $83.89 2009-02-26 2018-02-26 21,000 21,000 Direct
Common Stock Stock Option (right to buy) $60.92 2010-02-24 2019-02-24 29,780 29,780 Direct
Common Stock Stock Option (right to buy) $76.16 2011-02-23 2020-02-23 22,175 22,175 Direct
Common Stock Stock Option (right to buy) $97.84 2012-02-22 2021-02-22 21,440 21,440 Direct
Common Stock Deferred Stock $0.00 59,942 59,942 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-02-24 50,000 50,000 Direct
2015-02-22 55,000 55,000 Direct
2016-02-29 45,000 45,000 Direct
2017-02-27 35,000 35,000 Direct
2018-02-26 21,000 21,000 Direct
2019-02-24 29,780 29,780 Direct
2020-02-23 22,175 22,175 Direct
2021-02-22 21,440 21,440 Direct
59,942 59,942 Direct
Footnotes
  1. This total includes shares previous acquired through automatic dividend reinvestment under the Praxair Dividend Reinvestment and Stock Purchase Plan and unvested restricted stock units.
  2. The $105.42 price reported is the weighted average sale price. The sale prices ranged from $105.15 to $105.87 per share. Upon request of the SEC Staff, Praxair, Inc. or a security holder of Praxair, Inc., the reporting person will provide full information regarding the number of shares sold at each separate price.
  3. The reporting person disclaims beneficial ownership of these shares.
  4. This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
  5. This option vests over three years in three consecutive equal annual installments beginning on February 24, 2010.
  6. This option vests over three years in three consecutive equal annual installments beginning on February 23, 2011.
  7. This option vests over three years in three consecutive equal annual installments beginning on February 22, 2012.
  8. Conversion to Praxair Common Stock is on a 1-for-1 basis.
  9. Deferred stock units acquired under the Praxair, Inc. Compensation Deferral Program as amended ("Deferral Program") and are to be settled in Praxair Common Stock.