SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
POSES FREDERIC M

(Last) (First) (Middle)
C/O AMERICAN STANDARD COMPANIES INC.
ONE CENTENNIAL AVENUE

(Street)
PISCATAWAY NJ 08855

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AMERICAN STANDARD COMPANIES INC [ ASD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. 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 (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.01 par value(1) 08/06/2007 M 10,800 A $9.05(2) 244,991 D
Common Stock, $.01 par value(1) 08/06/2007 M 89,200 A $9.05(2) 334,191 D
Common Stock, $.01 par value 08/06/2007 S 9,300 D $37.12 324,891 D
Common Stock, $.01 par value 08/06/2007 S 400 D $37.13 324,491 D
Common Stock, $.01 par value 08/06/2007 S 500 D $37.14 323,991 D
Common Stock, $.01 par value 08/06/2007 S 100 D $37.15 323,891 D
Common Stock, $.01 par value 08/06/2007 S 300 D $37.18 323,591 D
Common Stock, $.01 par value 08/06/2007 S 100 D $37.24 323,491 D
Common Stock, $.01 par value 08/06/2007 S 400 D $37.25 323,091 D
Common Stock, $.01 par value 08/06/2007 S 500 D $37.26 322,591 D
Common Stock, $.01 par value 08/06/2007 S 14,600 D $37.265 307,991 D
Common Stock, $.01 par value 08/06/2007 S 800 D $37.27 307,191 D
Common Stock, $.01 par value 08/06/2007 S 5,900 D $37.28 301,291 D
Common Stock, $.01 par value 08/06/2007 S 8,900 D $37.285 292,391 D
Common Stock, $.01 par value 08/06/2007 S 21,300 D $37.29 271,091 D
Common Stock, $.01 par value 08/06/2007 S 3,200 D $37.295 267,891 D
Common Stock, $.01 par value 08/06/2007 S 100 D $37.3 267,791 D
Common Stock, $.01 par value 08/06/2007 S 3,600 D $37.31 264,191 D
Common Stock, $.01 par value 08/06/2007 S 3,400 D $37.32 260,791 D
Common Stock, $.01 par value 08/06/2007 S 500 D $37.33 260,291 D
Common Stock, $.01 par value 08/06/2007 S 100 D $37.34 260,191 D
Common Stock, $.01 par value 08/06/2007 S 100 D $37.35 260,091 D
Common Stock, $.01 par value 08/06/2007 S 600 D $37.37 259,491 D
Common Stock, $.01 par value 08/06/2007 S 100 D $37.38 259,391 D
Common Stock, $.01 par value 08/06/2007 S 400 D $37.39 258,991 D
Common Stock, $.01 par value 08/06/2007 S 2,900 D $37.49 256,091 D
Common Stock, $.01 par value 08/06/2007 S 2,700 D $37.5 253,391 D
Common Stock, $.01 par value 08/06/2007 S 1,300 D $37.51 252,091 D
Common Stock, $.01 par value 08/06/2007 S 3,700 D $37.53 248,391 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Exercise of Stock Option(1) $9.05(2) 08/06/2007 M 10,800 10/06/2000(3) 10/06/2009 Common Stock, $.01 par value 10,800 $0.00(4) 965,755 D
Exercise of Stock Option(1) $9.05(2) 08/06/2007 M 89,200 10/06/2000(3) 10/06/2009 Common Stock, $.01 par value 89,200 $0.00(4) 876,555 D
Explanation of Responses:
1. Transaction executed pursuant to a Rule 10b5-1 Plan.
2. Stock option exercise price reflects an adjustment exempt pursuant to Rule 16a-9, pursuant to the terms of the 2002 Omnibus Incentive Plan to account for the dividend of shares of WABCO Holdings Inc. (effective July 31, 2007) to the company's shareholders in connection with the spinoff of the company's vehicle control systems business.
3. Original grant of 3,000,000 options became exercisable in three equal installments beginning October 6, 2000. Under the terms of the grant, these options will expire upon the earlier of October 6, 2009 or 90 days after the date of Mr. Poses? retirement.
4. Issued in connection with employment.
Remarks:
First of two Forms filed today reporting a transaction on August 6, 2007. In prior Form 4 filings, reports permitted aggregating trades on the same date at multiple prices using a weighted average sale price. Pursuant to recent SEC guidance, each trade at a particular sale price must now be identified separately. Transactions on this Form are pursuant to a Rule 10b5-1 Trading Plan.
Frederic M. Poses (By M. Cresitello by Power of Attorney) 08/08/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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