Filing Details
- Accession Number:
- 0000884905-12-000066
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-05-03 17:16:17
- Reporting Period:
- 2012-05-01
- Filing Date:
- 2012-05-03
- Accepted Time:
- 2012-05-03 17:16:17
- 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 |
|---|---|---|---|---|---|---|---|
| 1190775 | F Stephen Angel | C/O Praxair, Inc. 39 Old Ridgebury Road Danbury CT 06810-5113 | President & Ceo | Yes | 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 | 2012-05-01 | 30,000 | $36.58 | 84,193 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2012-05-01 | 30,000 | $116.55 | 54,193 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2012-05-01 | 143,100 | $44.25 | 197,293 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2012-05-01 | 143,100 | $116.39 | 54,193 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2012-05-01 | 65,000 | $53.98 | 119,193 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2012-05-01 | 65,000 | $116.21 | 54,193 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| 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 | 2012-05-01 | 30,000 | $0.00 | 30,000 | $36.58 |
| Common Stock | Stock Option (right to buy) | Disposition | 2012-05-01 | 143,100 | $0.00 | 143,100 | $44.25 |
| Common Stock | Stock Option (right to buy) | Disposition | 2012-05-01 | 65,000 | $0.00 | 65,000 | $53.98 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2005-02-24 | 2014-02-24 | No | 4 | M | Direct |
| 0 | 2006-02-22 | 2015-02-22 | No | 4 | M | Direct |
| 65,600 | 2007-02-28 | 2016-02-29 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 2,268 | Indirect | In trust for children |
| Common Stock | 58,147 | Indirect | Grantor Retained Annuity Trust |
| Common Stock | 6,789 | 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) | $109.68 | 2013-02-28 | 2022-02-28 | 236,510 | 236,510 | Direct |
| Common Stock | Stock Option (right to buy) | $61.47 | 2008-02-27 | 2017-02-27 | 308,300 | 308,300 | Direct |
| Common Stock | Stock Option (right to buy) | $83.89 | 2009-02-26 | 2018-02-26 | 195,200 | 195,200 | Direct |
| Common Stock | Stock Option (right to buy) | $60.92 | 2010-02-24 | 2019-02-24 | 281,500 | 281,500 | Direct |
| Common Stock | Stock Option (right to buy) | $76.16 | 2011-02-23 | 2020-02-23 | 204,640 | 204,640 | Direct |
| Common Stock | Stock Option (right to buy) | $97.84 | 2012-02-22 | 2021-02-22 | 218,175 | 218,175 | Direct |
| Common Stock | Deferred Stock | $0.00 | 66,538 | 66,538 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-02-28 | 236,510 | 236,510 | Direct |
| 2017-02-27 | 308,300 | 308,300 | Direct |
| 2018-02-26 | 195,200 | 195,200 | Direct |
| 2019-02-24 | 281,500 | 281,500 | Direct |
| 2020-02-23 | 204,640 | 204,640 | Direct |
| 2021-02-22 | 218,175 | 218,175 | Direct |
| 66,538 | 66,538 | Direct |
Footnotes
- The $116.5533 price reported is the weighted average sale price. The sale prices ranged from $116.2300 to $116.7900 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.
- The $116.3879 price reported is the weighted average sale price. The sale prices ranged from $116.2550 to $116.6900 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.
- The $116.2095 price reported is the weighted average sale price. The sale prices ranged from $116.0900 to $116.4150 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.
- This option vests over three years in three consecutive equal annual installments beginning on February 28, 2013.
- This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
- This option vests over three years in three consecutive equal annual installments beginning on February 23, 2011.
- This option vests over three years in three consecutive equal annual installments beginning on February 22, 2012.
- Conversion to Praxair Common Stock is on a 1-for-1 basis.
- Deferred stock units acquired under the Praxair, Inc. Compensation Deferral Program as amended ("Deferral Program") and are to be settled in Praxair Common Stock.
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