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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Common Stock Par Value $1.00 | $ 61.57 | 02/28/2017 | D | 4,750 | (2) | 12/15/2023 | Common Stock Par Value $1.00 | 4,750 | (2) | 0 | D | ||||
Common Stock Par Value $1.00 | $ 63.22 | 02/28/2017 | D | 9,500 | (2) | 01/19/2025 | Common Stock Par Value $1.00 | 9,500 | (2) | 0 | D | ||||
Common Stock Par Value $1.00 | $ 46.45 | 02/28/2017 | D | 14,250 | (2) | 01/17/2026 | Common Stock Par Value $1.00 | 14,250 | (2) | 0 | D | ||||
Common Stock Par Value $1.00 | $ 61.57 | 02/28/2017 | D | 403 | (3) | (3) | Common Stock Par Value $1.00 | 403 | (3) | 0 | D | ||||
Common Stock Par Value $1.00 | $ 63.22 | 02/28/2017 | D | 719 | (3) | (3) | Common Stock Par Value $1.00 | 719 | (3) | 0 | D | ||||
Common Stock Par Value $1.00 | $ 46.45 | 02/28/2017 | D | 1,392 | (3) | (3) | Common Stock Par Value $1.00 | 1,392 | (3) | 0 | D | ||||
Common Stock Par Value $1.00 | $ 82.5 | 02/28/2017 | D | 2,615 | (3) | (3) | Common Stock Par Value $1.00 | 2,615 | (3) | 0 | D | ||||
Common Stock Par Value $1.00 | $ 62.53 | 02/28/2017 | D | 4,394 | (4) | (4) | Common Stock Par Value $1.00 | 4,394 | (4) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
LINDSAY DAVID J 840 CRESCENT CENTRE DRIVE, SUITE 600 FRANKLIN, TN 37067 |
VP-Admin. & Chief Admin. Off. |
Michelle J. Pearson, By Power of Attorney | 03/01/2017 | |
**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) | Pursuant to the Agreement and Plan of Merger, dated as of December 1, 2016 (the "Merger Agreement"), by and among CLARCOR Inc. (the "Company"), Parker-Hannifin Corporation ("Parker") and Parker Eagle Corporation, a wholly owned subsidiary of Parker ("Merger Sub"), at the effective time of the merger, these shares of Company common stock were converted into the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the per share merger consideration of $83.00. |
(2) | Pursuant to the Merger Agreement, at the effective time of the merger, this stock option was cancelled in exchange for the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the product of (i) the total number of shares of Company common stock subject to such stock option and (ii) the excess of the per share merger consideration of $83.00 over the exercise price per share of the stock option. |
(3) | Pursuant to the Merger Agreement, at the effective time of the merger, each of these time-based restricted stock units were cancelled in exchange for the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the per share merger consideration of $83.00. |
(4) | Pursuant to the Merger Agreement, at the effective time of the merger, each of these performance-based restricted stock units were cancelled in exchange for the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the per share merger consideration of $83.00. |