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OConnor Carey

Disclosed activity across 1 company

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169801
SEC CIK
0001559725

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
FLOWSERVE CORPFLS · Entity 3541SVP, CLO and Corp SecretaryFebruary 01, 2018February 05, 2018

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

FLOWSERVE CORP

Report date February 01, 2018 · Filed February 05, 2018

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common Stock ($1.25 par value per share)SEC Table I · non-derivativeDirect50,743 Ending reported balance After 2018-02-04 transaction · row 5
5 source rows · reconciled sequence

Row 1 · 2018-02-01 · Exercise / conversion · Acquired 2,778 · Balance 49,518

F1: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Row 2 · 2018-02-01 · Tax withholding · Disposed 777 · Balance 48,741

Row 3 · 2018-02-03 · Exercise / conversion · Acquired 3,312 · Balance 52,053

F1: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Row 4 · 2018-02-03 · Tax withholding · Disposed 800 · Balance 51,253

Row 5 · 2018-02-04 · Tax withholding · Disposed 510 · Balance 50,743

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect11,867 Reported balance After 2018-02-01 transaction · row 6 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 6 · 2018-02-01 · Exercise / conversion · Disposed 2,730 · Balance 11,867

F1: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect8,664 Reported balance After 2018-02-03 transaction · row 7 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 7 · 2018-02-03 · Exercise / conversion · Disposed 3,203 · Balance 8,664

F1: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Filing footnotes · ownership attribution and instrument terms

F1: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
February 04, 2018 Filed Feb 5, 2018 22:48 UTC FLOWSERVE CORP FLS · Entity 3541 Tax withholdingCommon Stock ($1.25 par value per share) 510 $44.57 $22,730.70
Disclosure

SEC source: 0000030625-18-000006 · wf-form4_151787087360612.xml · nonDerivative · entry 5

OConnor Carey · CIK 0001559725 · SVP, CLO and Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,743

Read SEC document
February 03, 2018 Filed Feb 5, 2018 22:48 UTC FLOWSERVE CORP FLS · Entity 3541 Exercise / conversionRestricted Stock Units · Derivative 3,203 $0.00 $0.00
Disclosure

SEC source: 0000030625-18-000006 · wf-form4_151787087360612.xml · derivative · entry 7

OConnor Carey · CIK 0001559725 · SVP, CLO and Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,664

Underlying: Common Stock · 3,203 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 · derivative.exercise_price: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

F1 · derivative.exercise_date: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

F1 · derivative.expiration_date: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Read SEC document
February 03, 2018 Filed Feb 5, 2018 22:48 UTC FLOWSERVE CORP FLS · Entity 3541 Tax withholdingCommon Stock ($1.25 par value per share) 800 $44.57 $35,656.00
Disclosure

SEC source: 0000030625-18-000006 · wf-form4_151787087360612.xml · nonDerivative · entry 4

OConnor Carey · CIK 0001559725 · SVP, CLO and Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,253

Read SEC document
February 03, 2018 Filed Feb 5, 2018 22:48 UTC FLOWSERVE CORP FLS · Entity 3541 Exercise / conversionCommon Stock ($1.25 par value per share) 3,312 $0.00 $0.00
Disclosure

SEC source: 0000030625-18-000006 · wf-form4_151787087360612.xml · nonDerivative · entry 3

OConnor Carey · CIK 0001559725 · SVP, CLO and Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,053

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 · shares: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Read SEC document
February 01, 2018 Filed Feb 5, 2018 22:48 UTC FLOWSERVE CORP FLS · Entity 3541 Exercise / conversionRestricted Stock Units · Derivative 2,730 $0.00 $0.00
Disclosure

SEC source: 0000030625-18-000006 · wf-form4_151787087360612.xml · derivative · entry 6

OConnor Carey · CIK 0001559725 · SVP, CLO and Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,867

Underlying: Common Stock · 2,730 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 · derivative.exercise_price: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

F1 · derivative.exercise_date: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

F1 · derivative.expiration_date: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Read SEC document
February 01, 2018 Filed Feb 5, 2018 22:48 UTC FLOWSERVE CORP FLS · Entity 3541 Tax withholdingCommon Stock ($1.25 par value per share) 777 $45.59 $35,423.43
Disclosure

SEC source: 0000030625-18-000006 · wf-form4_151787087360612.xml · nonDerivative · entry 2

OConnor Carey · CIK 0001559725 · SVP, CLO and Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,741

Read SEC document
February 01, 2018 Filed Feb 5, 2018 22:48 UTC FLOWSERVE CORP FLS · Entity 3541 Exercise / conversionCommon Stock ($1.25 par value per share) 2,778 $0.00 $0.00
Disclosure

SEC source: 0000030625-18-000006 · wf-form4_151787087360612.xml · nonDerivative · entry 1

OConnor Carey · CIK 0001559725 · SVP, CLO and Corp Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,518

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 · shares: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Read SEC document
March 28, 2017 Filed Mar 30, 2017 21:08 UTC FLOWSERVE CORP FLS · Entity 3541 Exercise / conversionPerformance Rights · Derivative 3,870 $0.00 $0.00
Disclosure

SEC source: 0000030625-17-000077 · wf-form4_149090812085654.xml · derivative · entry 3

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,080

Underlying: Common Stock ($1.25 par value per share) · 3,870 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 · derivative.exercise_price: Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate of 109% (plus dividends accrued on the underlying shares) based on: 1) the issuer's average return on net assets ("RONA") and 2) the issuer's growth in bookings as compared to GDP growth of countries in the Organisation for Economic Co-operation and Development during a three-year performance cycle beginning on January 1, 2014 and ending on December 31, 2016.

F1 · derivative.exercise_date: Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate of 109% (plus dividends accrued on the underlying shares) based on: 1) the issuer's average return on net assets ("RONA") and 2) the issuer's growth in bookings as compared to GDP growth of countries in the Organisation for Economic Co-operation and Development during a three-year performance cycle beginning on January 1, 2014 and ending on December 31, 2016.

F1 · derivative.expiration_date: Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate of 109% (plus dividends accrued on the underlying shares) based on: 1) the issuer's average return on net assets ("RONA") and 2) the issuer's growth in bookings as compared to GDP growth of countries in the Organisation for Economic Co-operation and Development during a three-year performance cycle beginning on January 1, 2014 and ending on December 31, 2016.

Read SEC document
March 28, 2017 Filed Mar 30, 2017 21:08 UTC FLOWSERVE CORP FLS · Entity 3541 Tax withholdingCommon Stock ($1.25 par value per share) 1,202 $47.18 $56,710.36
Disclosure

SEC source: 0000030625-17-000077 · wf-form4_149090812085654.xml · nonDerivative · entry 2

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,740

Read SEC document
March 28, 2017 Filed Mar 30, 2017 21:08 UTC FLOWSERVE CORP FLS · Entity 3541 Exercise / conversionCommon Stock ($1.25 par value per share) 4,394 Not disclosed Not disclosed
Disclosure

SEC source: 0000030625-17-000077 · wf-form4_149090812085654.xml · nonDerivative · entry 1

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,942

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 · price: Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate of 109% (plus dividends accrued on the underlying shares) based on: 1) the issuer's average return on net assets ("RONA") and 2) the issuer's growth in bookings as compared to GDP growth of countries in the Organisation for Economic Co-operation and Development during a three-year performance cycle beginning on January 1, 2014 and ending on December 31, 2016.

Read SEC document
February 28, 2017 Filed Mar 2, 2017 22:07 UTC FLOWSERVE CORP FLS · Entity 3541 SaleCommon Stock ($1.25 par value per share) 7,650 $47.36 $362,265.75
Disclosure

SEC source: 0000030625-17-000059 · wf-form4_148849243160408.xml · nonDerivative · entry 2

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,548

F2 · price: The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $47.01 to $47.96, inclusive. The reporting person undertakes to provide Flowserve Corporation, any security holder of Flowserve Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

Read SEC document
February 28, 2017 Filed Mar 2, 2017 22:07 UTC FLOWSERVE CORP FLS · Entity 3541 SaleCommon Stock ($1.25 par value per share) 2,850 $46.57 $132,735.90
Disclosure

SEC source: 0000030625-17-000059 · wf-form4_148849243160408.xml · nonDerivative · entry 1

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,198

F1 · price: The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.34 to $47.00, inclusive. The reporting person undertakes to provide Flowserve Corporation, any security holder of Flowserve Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

Read SEC document
February 05, 2017 Filed Feb 7, 2017 22:25 UTC FLOWSERVE CORP FLS · Entity 3541 Tax withholdingCommon Stock ($1.25 par value per share) 353 $48.65 $17,173.45
Disclosure

SEC source: 0000030625-17-000035 · wf-form4_148650632262244.xml · nonDerivative · entry 4

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,048

Read SEC document
February 04, 2017 Filed Feb 7, 2017 22:25 UTC FLOWSERVE CORP FLS · Entity 3541 Tax withholdingCommon Stock ($1.25 par value per share) 571 $48.65 $27,779.15
Disclosure

SEC source: 0000030625-17-000035 · wf-form4_148650632262244.xml · nonDerivative · entry 3

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,401

Read SEC document
February 03, 2017 Filed Feb 7, 2017 22:25 UTC FLOWSERVE CORP FLS · Entity 3541 Exercise / conversionRestricted Stock Units · Derivative 3,203 $0.00 $0.00
Disclosure

SEC source: 0000030625-17-000035 · wf-form4_148650632262244.xml · derivative · entry 5

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,597

Underlying: Common Stock · 3,203 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 · derivative.exercise_price: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

F1 · derivative.exercise_date: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

F1 · derivative.expiration_date: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Read SEC document
February 03, 2017 Filed Feb 7, 2017 22:25 UTC FLOWSERVE CORP FLS · Entity 3541 Tax withholdingCommon Stock ($1.25 par value per share) 983 $48.65 $47,822.95
Disclosure

SEC source: 0000030625-17-000035 · wf-form4_148650632262244.xml · nonDerivative · entry 2

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,972

Read SEC document
February 03, 2017 Filed Feb 7, 2017 22:25 UTC FLOWSERVE CORP FLS · Entity 3541 Exercise / conversionCommon Stock ($1.25 par value per share) 3,256 $0.00 $0.00
Disclosure

SEC source: 0000030625-17-000035 · wf-form4_148650632262244.xml · nonDerivative · entry 1

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,955

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 · shares: Each restricted stock unit represented the right to receive one share of the issuer's common stock at vesting, plus shares equivalent in value to accumulated dividends.

Read SEC document
February 01, 2017 Filed Feb 3, 2017 23:53 UTC FLOWSERVE CORP FLS · Entity 3541 GrantPerformance Rights · Derivative 8,190 $0.00 $0.00
Disclosure

SEC source: 0000030625-17-000016 · wf-form4_148616602363862.xml · derivative · entry 2

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,950

Underlying: Common Stock ($1.25 par value per share) · 8,190 shares

Expires not disclosed

F2 · derivative.exercise_price: Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% and are based on two factors during a three-year performance cycle beginning on January 1, 2017 and ending on December 31, 2019 which are: 1) the issuer's relative total share holder return ("TSR") in comparison to the TSR averages of a predetermined peer group over the performance cycle; and 2) the issuer's return on invested capital measured against the issuer's performance relative to its weighted average cost of capital and relative to a predetermined peer group over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.

F2 · derivative.exercise_date: Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% and are based on two factors during a three-year performance cycle beginning on January 1, 2017 and ending on December 31, 2019 which are: 1) the issuer's relative total share holder return ("TSR") in comparison to the TSR averages of a predetermined peer group over the performance cycle; and 2) the issuer's return on invested capital measured against the issuer's performance relative to its weighted average cost of capital and relative to a predetermined peer group over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.

F2 · derivative.expiration_date: Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% and are based on two factors during a three-year performance cycle beginning on January 1, 2017 and ending on December 31, 2019 which are: 1) the issuer's relative total share holder return ("TSR") in comparison to the TSR averages of a predetermined peer group over the performance cycle; and 2) the issuer's return on invested capital measured against the issuer's performance relative to its weighted average cost of capital and relative to a predetermined peer group over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.

Read SEC document
February 01, 2017 Filed Feb 3, 2017 23:53 UTC FLOWSERVE CORP FLS · Entity 3541 GrantRestricted Stock Units · Derivative 8,190 $0.00 $0.00
Disclosure

SEC source: 0000030625-17-000016 · wf-form4_148616602363862.xml · derivative · entry 1

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,800

Underlying: Common Stock · 8,190 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents the right to receive, at settlement, one share of common stock and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant.

F1 · derivative.exercise_date: Each restricted stock unit represents the right to receive, at settlement, one share of common stock and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant.

F1 · derivative.expiration_date: Each restricted stock unit represents the right to receive, at settlement, one share of common stock and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant.

Read SEC document
February 04, 2016 Filed Jan 21, 2017 02:11 UTC Amendment FLOWSERVE CORP FLS · Entity 3541 Tax withholdingCommon Stock ($1.25 par value per share) 684 $40.31 $27,572.04
Disclosure

SEC source: 0000030625-17-000006 · wf-form4a_148496469069580.xml · nonDerivative · entry 1

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,411

Read SEC document
February 03, 2016 Filed Jan 21, 2017 02:11 UTC Amendment FLOWSERVE CORP FLS · Entity 3541 GrantRestricted Stock Units · Derivative 9,610 $0.00 $0.00
Disclosure

SEC source: 0000030625-17-000006 · wf-form4a_148496469069580.xml · derivative · entry 3

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,610

Underlying: Common Stock · 9,610 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit represents the right to receive, at settlement, one share of common stock and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant

F2 · derivative.exercise_date: Each restricted stock unit represents the right to receive, at settlement, one share of common stock and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant

F2 · derivative.expiration_date: Each restricted stock unit represents the right to receive, at settlement, one share of common stock and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant

F3 · derivative.underlying_shares: The original Form 4 filed on February 5, 2016 is amended by this Form 4 amendment to correctly reflect the grant of restricted stock units as opposed to restricted stock.

Read SEC document
February 03, 2016 Filed Jan 21, 2017 02:11 UTC Amendment FLOWSERVE CORP FLS · Entity 3541 GrantPerformance Rights · Derivative 9,610 $0.00 $0.00
Disclosure

SEC source: 0000030625-17-000006 · wf-form4a_148496469069580.xml · derivative · entry 2

OConnor Carey · CIK 0001559725 · SVP, GC and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,760

Underlying: Common Stock ($1.25 par value per share) · 9,610 shares

Expires not disclosed

F1 · derivative.exercise_price: Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% and are based on two factors during a three-year performance cycle beginning on January 1, 2016 and ending on December 31, 2018 which are: 1) the issuer's average return on net assets ("RONA") in comparison to the RONA averages of a predetermined peer group over the performance cycle; and 2) the issuer's growth in bookings in comparison to the growth in gross domestic product of countries that are members of the Organisation for Economic Co-operation and Development over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.

F1 · derivative.exercise_date: Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% and are based on two factors during a three-year performance cycle beginning on January 1, 2016 and ending on December 31, 2018 which are: 1) the issuer's average return on net assets ("RONA") in comparison to the RONA averages of a predetermined peer group over the performance cycle; and 2) the issuer's growth in bookings in comparison to the growth in gross domestic product of countries that are members of the Organisation for Economic Co-operation and Development over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.

F1 · derivative.expiration_date: Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% and are based on two factors during a three-year performance cycle beginning on January 1, 2016 and ending on December 31, 2018 which are: 1) the issuer's average return on net assets ("RONA") in comparison to the RONA averages of a predetermined peer group over the performance cycle; and 2) the issuer's growth in bookings in comparison to the growth in gross domestic product of countries that are members of the Organisation for Economic Co-operation and Development over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.