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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 | ||||||||
Option (right to buy) | $ 68.81 | 02/02/2017 | A | 554 | (6) | 12/07/2021 | Common Stock | 554 | $ 0 | 7,318 | D | ||||
Option (right to buy) | $ 61.91 | 02/02/2017 | A | 824 | (7) | 12/05/2022 | Common Stock | 824 | $ 0 | 6,925 | D | ||||
Option (right to buy) | $ 61.91 | 01/31/2018 | A | 165 | (7) | 12/05/2022 | Common Stock | 165 | $ 0 | 7,090 | D | ||||
Option (right to buy) | $ 58.25 | 02/02/2017 | A | 2,536 | (8) | 12/04/2023 | Common Stock | 2,536 | $ 0 | 13,106 | D | ||||
Option (right to buy) | $ 58.25 | 01/31/2018 | A | 1,903 | (8) | 12/04/2023 | Common Stock | 1,903 | $ 0 | 15,009 | D | ||||
Option (right to buy) | $ 74.57 | 02/02/2017 | A | 2,461 | (9) | 12/03/2024 | Common Stock | 2,461 | $ 0 | 7,589 | D | ||||
Option (right to buy) | $ 74.57 | 01/31/2018 | A | 1,846 | (9) | 12/03/2024 | Common Stock | 1,846 | $ 0 | 9,435 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Freeman Angela K. 14701 CHARLSON ROAD EDEN PRAIRIE, MN 55437 |
Chief Human Resources Officer |
/s/ Jessica Homes, Attorney-in-Fact for Angela K. Freeman | 08/28/2018 | |
**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) | Represents performance-based restricted stock units that vested on February 4, 2015, have been credited to the reporting person's account in the Issuer's NQDC Plan and will be settled on a 1 for 1 basis in shares of the Issuer's common stock. |
(2) | Represents performance-based restricted stock units that vested on February 2, 2016, have been credited to the reporting person's account in the Issuer's NQDC Plan and will be settled on a 1 for 1 basis in shares of the Issuer's common stock. |
(3) | Reflects the weighted average price of 1,589 shares of common stock of the Issuer's sold by the reporting person in multiple transactions on August 24, 2018 with sale prices ranging from $96.7051 to $96.7057 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
(4) | Includes 1,182 shares acquired pursuant to the issuer's employee stock purchase plan. |
(5) | Included in this amount are 22,063 shares of the Issuer's common stock issuable in settlement of an equal number of vested deferred shares and restricted stock units credited to the reporting person's NQDC Plan account, and 3,294 shares held directly by the reporting person. |
(6) | Performance-based stock option granted on December 7, 2011 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied. |
(7) | Performance-based stock option granted on December 5, 2012 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied. |
(8) | Performance-based stock option granted on December 4, 2013 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied. |
(9) | Performance-based stock option granted on December 3, 2014 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied. |
Remarks: Exhibit List: Exhibit 24 - Power of Attorney |