-----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, Is44xcWnWHLoSsyZEKUxngVvRmT6KFPVWL6nw7lcPVaSPw2TpeposN/1jmTDELFq IcNLzYPp15TudeV4gl17fA== 0001017678-97-000001.txt : 19970110 0001017678-97-000001.hdr.sgml : 19970110 ACCESSION NUMBER: 0001017678-97-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970109 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: 97503049 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: SCHILLING RICHARD M CENTRAL INDEX KEY: 0001017678 STANDARD INDUSTRIAL CLASSIFICATION: [] OFFICER 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 - DECEMBER 1996 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 Schilling, Richard M. Sundstrand Corporation 4949 Harrison Avenue P.O. Box 7003 Rockford,, IL 61125-7003 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 December 1996 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Vice President and General Counsel and Secretary 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 |5/10/9|A(1)|V|5,992.51 |A |$33.375 | |I |401(k) Plan Trust | |6 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |6/28/9|J(2)|V|28.03 |A |$36.625 | |I |401(k) Plan Trust | |6 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |8/30/9|J(2)|V|27.70 |A |$37.375 | |I | 401(k) Plan Trust | |6 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |12/31/|J(2)|V|24.889 |A |$42.50 |6049.633 |I |401(k) Plan Trust | |96 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |11/19/|A(3)|V|1,500 |A |$.00 | |D |---- | |96 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |12/20/|G |V|200 |D |N/A Gift |106,940 |D |---- | |96 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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)| | ___________________________________________________________________________________________________________________________________| Employee Nonqualified | $38.937|11/19|A(4)|V|8,000 |A |(4) |11/19|Common Stock|8,000 | |38,250(4) |D |--- | Stock Option (Right to|5 |/96 | | | | | |/06 | | | | | | | Buy)w/Tandem Withhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1)Intraplan transfer resulting in an acquisition of issuer securities in Sundstrand's 401(K) Plan in a transaction exempt under old Rule 16a-8(g)(3). (2)Allocated to the Reporting Person's account pursuant to an automatic dividend reinvestment feature of the Sundstrand Corporation Employee Savings Plan-Sundstrand Stock Fund. (3)Award of restricted Common Stock under the Company's Stock Incentive Plan in transaction exempt under Rule 16b-3(d). (4)Grant to Reporting Person of option to buy Common Stock under the Company's Stock Incentive Plan in transaction exempt under Rule 16b-3(d). Options become exercisable at a rate of 25% of each grant on the second through fifth anniversary dates of November 19, 1996. The tax withholding right permits a participant to elect, subject to the approval of the Compensation Committee, to satisfy the withholding requirement, in whole or in part, by having the Company withhold shares equal to the tax. Of the remaining 30,250 options held by the Reporting Person, 4,062 options first became exercisable on each of December 1, 1994, December 1, 1995, and December 1, 1996, and 4,064 options will become exercisable on December 1, 1997, all with an exercise price of $19.3125; 3,500 options first became exercisable on November 15, 1996, and 3,500 options will become exercisable on each of November 15, 1997, November 15, 1998, and November 15, 1999, all with an exercise price of $22.3750. All of the nonexercisable stock options, in the event of a "Change in Control" as defined int he Plan under which they were granted, may become immediately exercisable unless specifically prohibited by the terms of applicable law. SIGNATURE OF REPORTING PERSON Richard M. Schilling -----END PRIVACY-ENHANCED MESSAGE-----