-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Pq7BbDjxvLSfMO/MQKlGMcIDmcz3ncssX3GzODZv6Dqx18q4sAmczCNNHKlg3QQw GglWBYPsHM0QOLmdMZNomA== 0001017671-97-000002.txt : 19970520 0001017671-97-000002.hdr.sgml : 19970520 ACCESSION NUMBER: 0001017671-97-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970415 FILED AS OF DATE: 19970519 SROS: CSX SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUNDSTRAND CORP /DE/ CENTRAL INDEX KEY: 0000095395 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] IRS NUMBER: 361840610 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-05358 FILM NUMBER: 97611121 BUSINESS ADDRESS: STREET 1: 4949 HARRISON AVE STREET 2: P O BOX 7003 CITY: ROCKFORD STATE: IL ZIP: 61125 BUSINESS PHONE: 8152266000 MAIL ADDRESS: STREET 1: PO BOX 7003 CITY: ROCKFORD STATE: IL ZIP: 61125-7003 COMPANY DATA: COMPANY CONFORMED NAME: SMITH WARD CENTRAL INDEX KEY: 0001017671 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: C/O SUNDSTRAND CORP STREET 2: 4949 HARRISON AVENUE CITY: ROCKFORD STATE: IL ZIP: 61125-7003 BUSINESS PHONE: 8152266000 MAIL ADDRESS: STREET 1: PO BOX 7003 CITY: ROCKFORD STATE: IL ZIP: 61125-7003 4 1 FORM 4 - APRIL 1997 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Smith, Ward 36080 Shaker Boulevard Hunting Valley,, OH 44022 U.S.A. 2. Issuer Name and Ticker or Trading Symbol Sundstrand Corporation SNS 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year April 1997 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 7. 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 |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |12/17/|P |V|30.5208 |A |$40.00 | | | | |96 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |03/18/|P |V|23.7904 |A |$46.375 | | | | |97 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |04/15/|J(1)|V|578 |A |$44.9375 |9566.3759 |D |--- | |97 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Nonqualified Stock Opt|$45.125 |04/15|J(2)|V|2,000 |A |(2) |04/15|Common Stock|2,000 |--- | | | | ion (Right to Buy) | |/97 | | | | | |/07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Nonqualified Stock Opt|(3) | | |V| | |(3) | (3) |Common Stock|6,000(3| |8,000 |D |--- | ion (Right to Buy) | | | | | | | | | |) | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1)Issuance to Reporting Person of Common Stock under the Company's Nonemployee Director Compensation Plan in transaction exempt under Rule 16b-3d. (2)Award to Reporting Person of option to buy Common Stock under the Company's Nonemployee Director Stock Option Plan in transaction exempt under Rule 16b-3d. Options become exercisable at a rate of 25% of each grant on the second through fifth anniversary dates of April 15, 1997. (3)Previous awards to Reporting Person of options to buy under the Company's Nonemployee Director Stock Option Plan. Of the 6,000 stock options held by the Reporting Person, 500 first became exercisable on August 1, 1996, and 500 will become exercisable on each of August 1, 1997, August 1, 1998, and August 1, 1999, all with an exercise price of $23.78125; 500 first became exercisable on April 18, 1997, and 500 will become exercisable on each of April 18, 1998, April 18, 1999, and April 18, 2000, all with an exercise price of $26.65625; and 500 will become exercisable on each of April 16, 1998, April 16, 1999, April 16, 2000, and April 16, 2001, all with an exercise price of $35.6875. All of the nonexercisable stock options, in the event of a "Change in Control" as defined in the Plan, may become immediately exercisable unless specifically prohibited by the terms of applicable law. SIGNATURE OF REPORTING PERSON Ward Smith -----END PRIVACY-ENHANCED MESSAGE-----