0001439288-17-000111.txt : 20170912 0001439288-17-000111.hdr.sgml : 20170912 20170912163034 ACCESSION NUMBER: 0001439288-17-000111 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170908 FILED AS OF DATE: 20170912 DATE AS OF CHANGE: 20170912 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Troutman Michael CENTRAL INDEX KEY: 0001713078 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35475 FILM NUMBER: 171081409 MAIL ADDRESS: STREET 1: 247 FRESHWATER WAY STREET 2: SUITE 300 CITY: MILWAUKEE STATE: WI ZIP: 53204 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Rexnord Corp CENTRAL INDEX KEY: 0001439288 STANDARD INDUSTRIAL CLASSIFICATION: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT [3560] IRS NUMBER: 205197013 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 247 FRESHWATER WAY STREET 2: SUITE 300 CITY: MILWAUKEE STATE: WI ZIP: 53204 BUSINESS PHONE: 414-643-3000 MAIL ADDRESS: STREET 1: 247 FRESHWATER WAY STREET 2: SUITE 300 CITY: MILWAUKEE STATE: WI ZIP: 53204 FORMER COMPANY: FORMER CONFORMED NAME: Rexnord Holdings, Inc DATE OF NAME CHANGE: 20080707 4 1 wf-form4_150524822041427.xml FORM 4 X0306 4 2017-09-08 0 0001439288 Rexnord Corp RXN 0001713078 Troutman Michael 247 FRESHWATER WAY SUITE 300 MILWAUKEE WI 53214 0 1 0 0 Chief Information Officer Common Stock 2017-09-08 4 M 0 39110 4.79 A 43608 D Common Stock 2017-09-08 4 S 0 22914 24.15 D 20694 D Stock Option (right to buy) 4.79 2017-09-08 4 M 0 39110 0 D 2017-11-30 Common Stock 39110.0 0 D Stock Option (right to buy) 8.888 2020-07-29 Common Stock 29138.0 29138 D Stock Option (right to buy) 22.03 2022-05-11 Common Stock 45000.0 45000 D Stock Option (right to buy) 19.0 2013-05-23 2023-05-23 Common Stock 25000.0 25000 D Stock Option (right to buy) 29.31 2015-09-03 2024-09-03 Common Stock 17490.0 17490 D Stock Option (right to buy) 25.77 2016-05-22 2025-05-22 Common Stock 25978.0 25978 D Stock Option (right to buy) 19.7 2017-05-20 2026-05-20 Common Stock 38768.0 38768 D Stock Option (right to buy) 23.13 2018-05-19 2027-05-19 Common Stock 18519.0 18519 D Performance Stock Units Common Stock 2887.0 2887 D Due to an administrative error by a third party provider, the sale of shares reported in the Reporting Person's Form 4, dated September 6, 2017, to satisfy tax withholding obligations and related fees in connection with the vesting of restricted stock units was understated by 2 shares. The Reporting Person actually sold 130 shares on September 6, 2017, and the balance has been updated accordingly on this Form 4. This transaction was executed in multiple trades at prices ranging from $24.15 to $24.171. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. Option fully vested. One half of the original option vests three years from the date listed above and the other half vests five years from the date listed above. The original option vests in four annual installments beginning on the date listed above. The original option vests in three annual installments beginning on the date listed above. Each performance stock unit ("PSU") represents a contingent right to receive one share of Rexnord Corporation's common stock if certain conditions are satisfied during the three-year performance period (fiscal 2016-fiscal 2018). Vesting of the PSUs is dependent on the relative total shareholder return of Rexnord Corporation's common stock as compared to companies in the S&P 1500 Industrials Sector Index and on goals related to absolute free cash flow conversion. The target number of PSUs that may be earned is reported above; the maximum amount is 200% of the number reported. /s/ Jeffrey J. LaValle under Power of Attorney for Michael Troutman 2017-09-12