-----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, EnAHsWeD/AwDH120A0uk0xAMPc3aPJtQerpu1qkpXUJC6VEeT0qlkY3sy1Mv8bgY 8HrE9hcw6JCRtQYOkAaePg== 0001017679-99-000003.txt : 19990812 0001017679-99-000003.hdr.sgml : 19990812 ACCESSION NUMBER: 0001017679-99-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990630 FILED AS OF DATE: 19990811 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: SEC FILE NUMBER: 001-05358 FILM NUMBER: 99683388 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: THOMAS PATRICK L CENTRAL INDEX KEY: 0001017679 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 - 06/30/99 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP (X) 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 Thomas, Patrick L. Hamilton 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 06/30/99 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) Executive Vice President and Chief Operating Officer, Industrial 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 |06/02/|M | |20,500 |A |$70.6875 |--- |D |--- | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |06/02/|S | |20,500 |D |$70.5625 |--- |D |--- | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |06/02/|M(1)| |28,252 |A |$70.6144 |--- |D |--- | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |06/10/|J(2)| |21,400 |A |$70.1191 |--- |D |--- | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |06/10/|J(3)| |71,458.9375 |D |$70.1191 |-0- |D |--- | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |06/10/|J(4)| |7,838 |D |$70.1191 |-0- |I |Owned by Spouse | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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 |$19.3125|06/02|M | |6,750 |D | | |Common Stock|6,750 | |--- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Withhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Nonqualified |$22.375 |06/02|M | |7,500 |D | | |Common Stock|7,500 | |--- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Withhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Nonqualified |$38.9375|06/02|M | |6,250 |D | | |Common Stock|6,250 | |--- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Withhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Nonqualified |$22.375 |06/02|M(1)| |2,500 |D | | |Common Stock|2,500 | |--- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Withhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Nonqualified |$38.9375|06/02|M(1)| |18,750 |D | | |Common Stock|18,750 | |--- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Withhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Nonqualified |$51.3125|06/02|M(1)| |30,000 |D | | |Common Stock|30,000 | |--- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Withhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Nonqualified |$50.3958|06/02|M(1)| |35,000 |D | | |Common Stock|35,000 | |-0- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Wtihhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Restricted Stock Units|n/a |06/10|J(2)| |21,400 |D | | |Common Stock| | |-0- |D |--- | | |/99 | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1)Exercise of stock options held by the Reporting Person on June 2, 1999, preceding the merger of Sundstrand Corporation into United Technologies Corporation ("UTC"). The exercise value of the options resulted in 28,252 shares of Sundstrand common stock, which were restricted, being issued. In connection with the merger with UTC, these shares were exchanged for the merger consideration of cash and UTC stock on June 10, 1999, with 15,764 UTC shares, which are restricted, being issued to the Reporting Person. (See Note 3 below.) (2)In connection with the merger with UTC, 21,400 restricted stock units held by the Reporting Person were released. The released units were exchanged for 21,400 shares of Sundstrand common stock which in turn were exchanged for the merger consideration of cash and UTC stock on June 10, 1999, with 11,941 UTC shares being issued to the Reporting Person. (See Note 3 below.) (3)In connection with the merger with UTC, the 71,458 shares of Sundstrand common stock held by the Reporting Person were exchanged for the merger consideration of cash and UTC stock on June 10, 1999, with 39,872 UTC shares being issued to the Reporting Person. Of the 39,872 UTC shares issued, 15,764 were related to Sundstrand common stock shares issued prior to the merger in connection with the exercise of stock options (see Note 1 above) and 11,941 were related to the release of restricted stock units (see Note 2 above). (4)In connection with the merger with UTC, shares held by the Reporting Person's spouse were exchanged for the merger consideration of cash and UTC stock on June 10, 1999. -----END PRIVACY-ENHANCED MESSAGE-----