SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
FENTON CHARLES E

(Last) (First) (Middle)
C/O THE BLACK & DECKER CORPORATION
701 EAST JOPPA ROAD

(Street)
TOWSON MD 21286

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BLACK & DECKER CORP [ BDK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP and General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/12/2010 D 492.5322(1) D (2) 0 I By Retirement Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: 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
Employee Stock Option (Right to Buy) $60.19 03/12/2010 D 15,000 04/26/2005(3) 04/25/2014 Common Stock 15,000 (3) 0 D
Employee Stock Option (Right to Buy) $82.255 03/12/2010 D 18,000 04/25/2006(4) 04/24/2015 Common Stock 18,000 (4) 0 D
Employee Stock Option (Right to Buy) $92.355 03/12/2010 D 20,000 04/19/2007(5) 04/18/2016 Common Stock 20,000 (5) 0 D
Employee Stock Option (Right to Buy) $88.37 03/12/2010 D 23,000 04/18/2008(6) 04/17/2017 Common Stock 23,000 (6) 0 D
Employee Stock Option (Right to Buy) $68.04 03/12/2010 D 23,000 04/16/2009(7) 04/15/2018 Common Stock 23,000 (7) 0 D
Employee Stock Option (Right to Buy) $38.28 03/12/2010 D 40,600 04/29/2010(8) 04/28/2019 Common Stock 40,600 (8) 0 D
Explanation of Responses:
1. Includes approximately 320.3242 shares acquired during 2009 under The Black & Decker Retirement Savings Plan. The information in this report is based on The Black & Decker Retirement Savings Plan statement dated as of December 31, 2009.
2. Disposed of pursuant to merger agreement between The Black & Decker Corporation and The Stanley Works in exchange for 629.9786 shares of Stanley Black & Decker, Inc. (SWK) common stock, having a market value of $57.86 per share on the effective date of the merger.
3. This option, which provided for vesting in four equal annual installments beginning 4/26/2005, was assumed by Stanley Black & Decker, Inc. (SWK) in the merger and replaced with an option to purchase 19,125 shares of SWK common stock for $47.21 per share.
4. This option, which provided for vesting in four equal annual installments beginning 4/25/2006, was assumed by Stanley Black & Decker, Inc. (SWK) in the merger and replaced with an option to purchase 22,950 shares of SWK common stock for $64.52 per share.
5. This option, which provided for vesting in four equal annual installments beginning 4/19/2007, was assumed by Stanley Black & Decker, Inc. (SWK) in the merger and replaced with an option to purchase 25,500 shares of SWK common stock for $72.44 per share.
6. This option, which provided for vesting in four equal annual installments beginning 4/18/2008, was assumed by Stanley Black & Decker, Inc. (SWK) in the merger and replaced with an option to purchase 29,325 shares of SWK common stock for $69.31 per share.
7. This option, which provided for vesting in four equal annual installments beginning 4/16/2009, was assumed by Stanley Black & Decker, Inc. (SWK) in the merger and replaced with an option to purchase 29,325 shares of SWK common stock for $53.37 per share.
8. This option, which provided for vesting in four equal annual installments beginning 4/29/2010, was assumed by Stanley Black & Decker, Inc. (SWK) in the merger and replaced with an option to purchase 51,765 shares of SWK common stock for $30.03 per share.
Remarks:
/s/ Natalie A. Shields, Attorney-in-Fact 03/16/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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