0000897101-15-000443.txt : 20150331 0000897101-15-000443.hdr.sgml : 20150331 20150331152704 ACCESSION NUMBER: 0000897101-15-000443 CONFORMED SUBMISSION TYPE: 3/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150218 FILED AS OF DATE: 20150331 DATE AS OF CHANGE: 20150331 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VALSPAR CORP CENTRAL INDEX KEY: 0000102741 STANDARD INDUSTRIAL CLASSIFICATION: PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODUCTS [2851] IRS NUMBER: 362443580 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: 1101 SOUTH 3RD STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55415 BUSINESS PHONE: 612-851-7000 MAIL ADDRESS: STREET 1: P.O. BOX 1461 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HECKES HOWARD C CENTRAL INDEX KEY: 0001635164 FILING VALUES: FORM TYPE: 3/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-03011 FILM NUMBER: 15738870 MAIL ADDRESS: STREET 1: P O BOX 1461 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 3/A 1 valspar151265heckes_3a.xml FORM 3/A X0206 3/A 2015-02-18 2015-03-19 0 0000102741 VALSPAR CORP VAL 0001635164 HECKES HOWARD C P.O. BOX 1461 MINNEAPOLIS MN 55440 0 1 0 0 Executive Vice President common stock 47107 D common stock 1973 I Savings and Retirement Plan stock option (right to buy) 26.37 2010-10-21 2019-10-21 common stock 50000 D stock option (right to buy) 31.57 2011-10-13 2020-10-13 common stock 31500 D stock option (right to buy) 32.34 2012-10-05 2021-10-05 common stock 42000 D stock option (right to buy) 57.47 2013-10-03 2022-10-03 common stock 24100 D stock option (right to buy) 64.78 2014-10-02 2023-10-02 common stock 19480 D stock option (right to buy) 76.85 2015-10-01 2024-10-01 common stock 14380 D cash-settled restricted stock unitd common stock 21030 D cash-settled restricted stock units common stock 3439 D cash-settled restricted stock units common stock 3144 D cash-settled restricted stock units common stock 3174 D restricted stock units common stock 2889 D stock option (right to buy) 19.76 2009-10-13 2018-10-13 common stock 8000 D Vested shares in Valspar Savings and Retirement Plan as of allocation date 2/18/15 stock option grant vests in one-third increments, starting one year from grant date 1-for-1 the cash-settled restricted stock units will vest on 6/06/2015 and shall be paid in cash the cash-settled restricted stock units vest on 1/11/2016 and shall be paid in cash the cash-settled restricted stock units will vest on 1/10/2017 and shall be paid in cash the cash-settled restricted stock units will vest on 1/09/2018 and shall be paid in cash Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units will vest on 1-08-2018 and shall be paid in shares of the Issuer's common stock. /s/ Linda Colman, by Power of Attorney 2015-03-31 EX-24 2 valspar151265heckes_ex24.htm POWER OF ATTORNEY

Exhibit 24

POWER OF ATTORNEY

FOR

EXECUTING FORMS 3, 4 and 5

and Filing Form ID

The undersigned hereby constitutes and appoints TIM BEASTROM and LINDA COLMAN the undersigned's true and lawful attorneys-in-fact and agents, each acting alone, with full power of substitution and resubstitution, for the undersigned and in the undersigned's name, place and stead, in any and all capacities, to sign any or all Forms 3, Forms 4 or Forms 5 relating to beneficial ownership securities of The Valspar Corporation (the "Issuer"), to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission and the New York Stock Exchange and to deliver a copy of the same to the Issuer, granting unto said attorneys-in-fact and agents, each acting alone, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all said attorneys-in-fact and agents, each acting alone, or their substitute or substitutes, may lawfully do or cause to be done by virtue thereof. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

This power of attorney shall remain in effect until such time as the undersigned is no longer subject to the provisions of Section 16 of the Securities Exchange Act of 1934 with respect to securities of The Valspar Corporation.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 18th day of February, 2015.

	/s/ Howard C. Heckes
	Howard C. Heckes