11/07/2024 | Press release | Distributed by Public on 11/07/2024 13:06
FORM 4
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|
||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Appreciation Rights | $76.99 | 05/10/2019(2) | 05/10/2027 | Common Stock | 3,376 | 3,376 | D | ||||||||
Stock Appreciation Rights | $74.04 | 05/09/2020(3) | 05/09/2028 | Common Stock | 3,408 | 3,408 | D | ||||||||
Stock Appreciation Rights | $78.05 | 05/08/2021(3) | 05/08/2029 | Common Stock | 3,776 | 3,776 | D | ||||||||
Stock Appreciation Rights | $84.39 | 02/18/2021(4) | 02/18/2030 | Common Stock | 6,170 | 6,170 | D | ||||||||
Stock Appreciation Rights | $133.77 | 02/23/2022(4) | 02/23/2031 | Common Stock | 4,725 | 4,725 | D | ||||||||
Stock Appreciation Rights | $151.27 | 02/23/2023(4) | 02/23/2032 | Common Stock | 4,738 | 4,738 | D | ||||||||
Stock Appreciation Rights | $154.2 | 02/23/2024(4) | 02/23/2033 | Common Stock | 5,304 | 5,304 | D | ||||||||
Stock Appreciation Rights | $168.47 | 02/23/2025(5) | 02/23/2034 | Common Stock | 5,171 | 5,171 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Morton Jerrald R 111 WEST MICHIGAN STREET MILWAUKEE, WI 53203 |
EVP and Pres. IPS* |
/s/ Hugo Dubovoy Jr., as Power of Attorney | 11/07/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Amount beneficially owned reflects deduction of 44.457 dividend equivalent shares ("DSUs") associated with unearned performance share units that were inadvertently credited to the reporting person in previous Form 4 reports. These DSUs will be credited to the reporting person's beneficial ownership total when, if and as earned. |
(2) | Granted as stock-settled Stock Appreciation Rights ("SARs") under the 2013 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant. |
(3) | Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant. |
(4) | Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant. |
(5) | Granted as stock-settled SARs under the 2023 Omnibus Incentive Plan. The SARs vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant. |
Remarks: *Executive Vice President and President, Industrial Powertrain Solutions |