Pelch Steven J.

SEC source: 0000950138-20-000517 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · COO & Exec VP Org Plan & Dev

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 157,567

F1 · kind: Bona fide gift by the Reporting Person of 1,500 shares to the Emerson Directors' and Officers' Charitable Trust.

F1 · shares: Bona fide gift by the Reporting Person of 1,500 shares to the Emerson Directors' and Officers' Charitable Trust.

F2 · price: Price is not applicable to acquisitions or dispositions resulting from bona fide gifts.

SEC source: 0000950138-20-000448 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · COO & Exec VP Org Plan & Dev

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 159,067

F1 · kind: Acquisition of 23,100 shares pursuant to Rule 16b-3 upon payout of 42,000 earned units under a performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2020. Of these 42,000 units, 23,100 units were paid in shares of Issuer stock, with the remaining 18,900 units paid in cash to cover the reporting person's tax obligations.

F2 · price: Price is not applicable to acquisitions described in Note 1.

SEC source: 0000950138-20-000274 · edgar.xml · derivative · entry 6

Pelch Steven J. · CIK 0001596211 · COO & Exec VP Org Plan & Dev

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,379 shares

Expires 2020-10-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Exercise of 5,379 non-qualified stock options exempt under Rule 16b-3.

F1 · shares: Exercise of 5,379 non-qualified stock options exempt under Rule 16b-3.

F5 · price: Price is not applicable to stock options received as incentive compensation.

F4 · derivative.exercise_date: When taken together with previously exercised options and the unexercised options reported in this Form 4 all having the same grant date, exercise price, and expiration date, all such options together vested in three equal annual installments beginning on the date indicated.

SEC source: 0000950138-20-000274 · edgar.xml · nonDerivative · entry 3

Pelch Steven J. · CIK 0001596211 · COO & Exec VP Org Plan & Dev

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 135,967

F3 · price: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.67 to $68.6801. The Reporting Person undertakes to provide Emerson Electric Co., any securityholder of Emerson Electric Co. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950138-20-000274 · edgar.xml · nonDerivative · entry 2

Pelch Steven J. · CIK 0001596211 · COO & Exec VP Org Plan & Dev

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,028

F2 · kind: Shares withheld for taxes exempt under Rule 16b-3 resulting from non-qualified stock option exercise.

F2 · shares: Shares withheld for taxes exempt under Rule 16b-3 resulting from non-qualified stock option exercise.

SEC source: 0000950138-20-000274 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · COO & Exec VP Org Plan & Dev

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,346

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Exercise of 5,379 non-qualified stock options exempt under Rule 16b-3.

F1 · shares: Exercise of 5,379 non-qualified stock options exempt under Rule 16b-3.

SEC source: 0000950138-19-000553 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · COO & Exec VP Org Plan & Dev

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 135,967

F1 · kind: Bona fide gift by the Reporting Person of 750 shares to the Emerson Directors' and Officers' Charitable Trust.

F1 · shares: Bona fide gift by the Reporting Person of 750 shares to the Emerson Directors' and Officers' Charitable Trust.

F2 · price: Price is not applicable to acquisitions or dispositions resulting from bona fide gifts.

SEC source: 0000950138-19-000518 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · COO & Exec VP Org Plan & Dev

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 136,717

F1 · kind: Acquisition of 29,425 shares pursuant to Rule 16b-3 upon payout of 53,500 earned units under a performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2019. Of these 53,500 units, 29,425 units were paid in shares of Issuer stock, with the remaining 24,075 units paid in cash to cover the reporting person's tax obligations.

F2 · price: Price is not applicable to acquisitions described in Note 1.

SEC source: 0000950138-18-000614 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · COO & Exec VP Org Plan & Dev

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 107,292

F1 · kind: Acquisition of 26,675 shares pursuant to Rule 16b-3 upon payout of 48,500 earned units under a performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2018. Of these 48,500 units, 26,675 units were paid in shares of Issuer stock, with the remaining 21,825 units paid in cash to cover the reporting person's tax obligations.

F2 · price: Price is not applicable to acquisitions described in Note 1.

SEC source: 0000950138-18-000506 · edgar.xml · derivative · entry 6

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,379

Underlying: Common Stock · 7,000 shares

Expires 2020-10-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Exercise of 7,000 non-qualified stock options exempt under Rule 16b-3.

F1 · shares: Exercise of 7,000 non-qualified stock options exempt under Rule 16b-3.

F5 · price: Price is not applicable to stock options received as incentive compensation.

F4 · derivative.exercise_date: When taken together with previously exercised options and the unexercised options reported in this Form 4 all having the same grant date, exercise price, and expiration date, all such options together vested in three equal annual installments beginning on the date indicated.

SEC source: 0000950138-18-000506 · edgar.xml · nonDerivative · entry 3

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,617

F3 · price: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.2347 to $74.24. The Reporting Person undertakes to provide Emerson Electric Co., any securityholder of Emerson Electric Co. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950138-18-000506 · edgar.xml · nonDerivative · entry 2

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 87,026

F2 · kind: Shares withheld for taxes exempt under Rule 16b-3 resulting from non-qualified stock option exercise.

F2 · shares: Shares withheld for taxes exempt under Rule 16b-3 resulting from non-qualified stock option exercise.

SEC source: 0000950138-18-000506 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 87,617

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Exercise of 7,000 non-qualified stock options exempt under Rule 16b-3.

F1 · shares: Exercise of 7,000 non-qualified stock options exempt under Rule 16b-3.

SEC source: 0000950138-18-000350 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 80,617

F1 · kind: Grant of restricted stock under shareholder approved benefit plan exempt pursuant to Rule 16b-3(d).

F1 · shares: Grant of restricted stock under shareholder approved benefit plan exempt pursuant to Rule 16b-3(d).

F2 · price: Price is not applicable to acquisitions resulting from grants of restricted stock.

SEC source: 0000950138-17-000791 · edgar.xml · derivative · entry 11

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,379

Underlying: Common Stock · 2,621 shares

Expires 2020-10-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F7 · kind: Exercise of 2,621 incentive stock options exempt under Rule 16b-3.

F7 · shares: Exercise of 2,621 incentive stock options exempt under Rule 16b-3.

F6 · price: Price is not applicable to stock options received as incentive compensation.

F8 · derivative.exercise_date: Options vested in three equal annual installments beginning on the date indicated.

SEC source: 0000950138-17-000791 · edgar.xml · derivative · entry 10

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,200 shares

Expires 2019-02-09

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Exercise of 2,666 non-qualified stock options and 534 incentive stock options exempt under Rule 16b-3.

F1 · shares: Exercise of 2,666 non-qualified stock options and 534 incentive stock options exempt under Rule 16b-3.

F6 · price: Price is not applicable to stock options received as incentive compensation.

F5 · derivative.exercise_date: When taken together with previously exercised options and the unexercised options reported in this Form 4 all having the same grant date, exercise price, and expiration date, all such options together vested in three equal annual installments beginning on the date indicated.

SEC source: 0000950138-17-000791 · edgar.xml · nonDerivative · entry 7

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,617

F9 · kind: Bona fide gift by the Reporting Person of 750 shares to the Emerson Directors' and Officers' Charitable Trust.

F9 · shares: Bona fide gift by the Reporting Person of 750 shares to the Emerson Directors' and Officers' Charitable Trust.

F10 · price: Price is not applicable to acquisitions or dispositions resulting from bona fide gifts.

SEC source: 0000950138-17-000791 · edgar.xml · nonDerivative · entry 6

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,367

F3 · kind: Payment of option exercise price by delivering securities.

F3 · shares: Payment of option exercise price by delivering securities.

SEC source: 0000950138-17-000791 · edgar.xml · nonDerivative · entry 5

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,517

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F7 · kind: Exercise of 2,621 incentive stock options exempt under Rule 16b-3.

F7 · shares: Exercise of 2,621 incentive stock options exempt under Rule 16b-3.

SEC source: 0000950138-17-000791 · edgar.xml · nonDerivative · entry 4

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,896

F4 · price: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.2471 to $65.25. The Reporting Person undertakes to provide Emerson Electric Co., any securityholder of Emerson Electric Co. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950138-17-000791 · edgar.xml · nonDerivative · entry 3

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,874

F3 · kind: Payment of option exercise price by delivering securities.

F3 · shares: Payment of option exercise price by delivering securities.

SEC source: 0000950138-17-000791 · edgar.xml · nonDerivative · entry 2

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,120

F2 · kind: Shares withheld for taxes exempt under Rule 16b-3 resulting from nonqualified stock option exercise.

F2 · shares: Shares withheld for taxes exempt under Rule 16b-3 resulting from nonqualified stock option exercise.

SEC source: 0000950138-17-000791 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,808

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Exercise of 2,666 non-qualified stock options and 534 incentive stock options exempt under Rule 16b-3.

F1 · shares: Exercise of 2,666 non-qualified stock options and 534 incentive stock options exempt under Rule 16b-3.

SEC source: 0000950138-17-000697 · edgar.xml · derivative · entry 5

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 8,944 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Vesting of 8,944 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (8,944 units) of the earned performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2016. The restricted stock units were subject to a one-year vesting period. The payout of the other 60% was previously reported.

F5 · derivative.exercise_price: Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.

F1 · kind: Vesting of 8,944 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (8,944 units) of the earned performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2016. The restricted stock units were subject to a one-year vesting period. The payout of the other 60% was previously reported.

F1 · shares: Vesting of 8,944 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (8,944 units) of the earned performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2016. The restricted stock units were subject to a one-year vesting period. The payout of the other 60% was previously reported.

F2 · price: Price is not applicable to the acquisition or vesting of the restricted stock units described in Note 1 or to the acquisition of Issuer common stock upon such vesting.

F1 · derivative.exercise_date: Vesting of 8,944 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (8,944 units) of the earned performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2016. The restricted stock units were subject to a one-year vesting period. The payout of the other 60% was previously reported.

F1 · derivative.expiration_date: Vesting of 8,944 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (8,944 units) of the earned performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2016. The restricted stock units were subject to a one-year vesting period. The payout of the other 60% was previously reported.

SEC source: 0000950138-17-000697 · edgar.xml · nonDerivative · entry 2

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,608

F3 · kind: Shares withheld for required minimum taxes upon vesting of restricted stock units described in Note 1 exempt pursuant to Rule 16b-3.

F3 · shares: Shares withheld for required minimum taxes upon vesting of restricted stock units described in Note 1 exempt pursuant to Rule 16b-3.

F4 · price: Fair market value on date of the vesting described in Note 1.

SEC source: 0000950138-17-000697 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,591

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Vesting of 8,944 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (8,944 units) of the earned performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2016. The restricted stock units were subject to a one-year vesting period. The payout of the other 60% was previously reported.

F1 · shares: Vesting of 8,944 restricted stock units exempt pursuant to Rule 16b-3. The restricted stock units were acquired upon payout of 40% (8,944 units) of the earned performance share award under a shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2016. The restricted stock units were subject to a one-year vesting period. The payout of the other 60% was previously reported.

F2 · price: Price is not applicable to the acquisition or vesting of the restricted stock units described in Note 1 or to the acquisition of Issuer common stock upon such vesting.

SEC source: 0000950138-17-000165 · edgar.xml · derivative · entry 6

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 8,000 shares

Expires 2017-10-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Exercise of 2,871 non-qualified stock options and 5,129 incentive stock options exempt under Rule 16b-3.

F1 · shares: Exercise of 2,871 non-qualified stock options and 5,129 incentive stock options exempt under Rule 16b-3.

F5 · price: Price is not applicable to stock options received as incentive compensation.

F4 · derivative.exercise_date: The options vested in three equal annual installments beginning on the date indicated.

SEC source: 0000950138-17-000165 · edgar.xml · nonDerivative · entry 3

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 64,647

F3 · price: The price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.30 to $63.33. The reporting person undertakes to provide Emerson Electric Co., any securityholder of Emerson Electric Co. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

SEC source: 0000950138-17-000165 · edgar.xml · nonDerivative · entry 2

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,486

F2 · kind: Shares withheld for taxes exempt under Rule 16b-3 resulting from nonqualified stock option exercise.

F2 · shares: Shares withheld for taxes exempt under Rule 16b-3 resulting from nonqualified stock option exercise.

SEC source: 0000950138-17-000165 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · Exec VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,647

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: Exercise of 2,871 non-qualified stock options and 5,129 incentive stock options exempt under Rule 16b-3.

F1 · shares: Exercise of 2,871 non-qualified stock options and 5,129 incentive stock options exempt under Rule 16b-3.

SEC source: 0000950138-16-001454 · edgar.xml · derivative · entry 5

Pelch Steven J. · CIK 0001596211 · Snr VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,944

Underlying: Common Stock · 8,944 shares

Expires not disclosed

F4 · security: Acquisition of 8,944 restricted stock units pursuant to Rule 16b-3 upon payout of 40% of earned performance share award under shareholder-approved benefit plan described in Note 1. The restricted stock units are subject to a one-year vesting period.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

F4 · kind: Acquisition of 8,944 restricted stock units pursuant to Rule 16b-3 upon payout of 40% of earned performance share award under shareholder-approved benefit plan described in Note 1. The restricted stock units are subject to a one-year vesting period.

F4 · shares: Acquisition of 8,944 restricted stock units pursuant to Rule 16b-3 upon payout of 40% of earned performance share award under shareholder-approved benefit plan described in Note 1. The restricted stock units are subject to a one-year vesting period.

F2 · price: Price is not applicable to acquisitions described in Notes 1, 3 and 4.

F4 · derivative.exercise_date: Acquisition of 8,944 restricted stock units pursuant to Rule 16b-3 upon payout of 40% of earned performance share award under shareholder-approved benefit plan described in Note 1. The restricted stock units are subject to a one-year vesting period.

F4 · derivative.expiration_date: Acquisition of 8,944 restricted stock units pursuant to Rule 16b-3 upon payout of 40% of earned performance share award under shareholder-approved benefit plan described in Note 1. The restricted stock units are subject to a one-year vesting period.

SEC source: 0000950138-16-001454 · edgar.xml · nonDerivative · entry 2

Pelch Steven J. · CIK 0001596211 · Snr VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 64,647

F3 · kind: Grant of restricted stock under shareholder approved benefit plan exempt pursuant to Rule 16b-3(d).

F2 · price: Price is not applicable to acquisitions described in Notes 1, 3 and 4.

SEC source: 0000950138-16-001454 · edgar.xml · nonDerivative · entry 1

Pelch Steven J. · CIK 0001596211 · Snr VP - Org. Planning & Dev.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,647

F1 · kind: Acquisition of 7,379 shares pursuant to Rule 16b-3 upon payout of 60% (13,416 units) of earned performance share award under shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2016. Of these 13,416 units, 7,379 units were paid in shares of Issuer stock, with the remaining 6,037 units paid in cash to cover the reporting person's tax obligations.

F2 · price: Price is not applicable to acquisitions described in Notes 1, 3 and 4.