-----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, KmHebREA+coUZ3Mx8j2cmKgBLkdFUfD2XVQSz77c6K5Qm+6R+gyoXsa0TQOX0krs qYrkKRCheIN8EqlDT251sQ== 0001017675-99-000002.txt : 19990809 0001017675-99-000002.hdr.sgml : 19990809 ACCESSION NUMBER: 0001017675-99-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990630 FILED AS OF DATE: 19990802 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: 99675466 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: FELLOWS DEWAYNE J CENTRAL INDEX KEY: 0001017675 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 Fellows, DeWayne J 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) Vice President and Controller 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 |06/08/|M | |5,000 |A |$72.50 |--- |D |--- | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |06/08/|S | |5,000 |D |$72.50 |--- |D |--- | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |06/10/|J(2)| |12,500 |A |$70.1191 |--- |D |--- | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |06/10/|D(3)|V|27,492 |D |$70.1191 |-0- |D |--- | |99 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |06/10/|D(4)|V|3,320 |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 |$22.375 |06/08|M | |3,000 |D | | |Common Stock|3,000 | |--- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Withhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Nonqualified |$38.9375|06/08|M | |2,000 |D | | |Common Stock|2,000 | |--- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Withhold| | | | | | | | | | | | | | | ing Right | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Nonqualified |(1) |06/10|D(1)|V|30,000 |D |(1) |(1) |Common Stock|30,000 |(1) |-0- |D |--- | Stock Option (Right to| |/99 | | | | | | | | | | | | | Buy)w/Tandem Withhohl| | | | | | | | | | | | | | | ding Righ | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Restricted Stock Units|n/a |06/10|J(2)| |12,500 |D | | |Common Stock|12,500 | |-0- |D |--- | | |/99 | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1)In connection with the merger with UTC, 30,000 nonvested Sundstrand stock options held by the Reporting Person were vested and converted to 33,191 UTC stock options. Of the 33,191 UTC options held by the Reporting Person following the conversion to UTC options, all of which were exercisable as of June 10, 1999, 3,319 were at an exercise price of $20.22 with an expiration date of November 15, 2004, 6,638 were at an exercise price of $35.19 with an expiration date of November 19, 2006, 11,064 were at an exercise price of $46.38 with an expiration date of November 18, 2007, and 12,170 were at an exercise price of $45.73 with an expiration date of December 8, 2008. (2)In connection with the merger with UTC, 12,500 restricted stock units held by the Reporting Person were released. The released units were exchanged for 12,500 shares of Sundstrand common stock which in turn were exchanged for the merger consideration of cash and UTC stock on June 10, 1999, with 6,975 UTC shares being issued to the Reporting Person. (See Note 3 below.) (3)In connection with the merger with UTC, the 27,492 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 15,340 UTC shares being issued to the Reporting Person. Of the 15,340 UTC shares issued, 6,975 were related to the release of restricted stock units (see Note 2 above). (4)In connection with the merger with UTC, the 3,320 shares of Sundstrand common stock held by the Reporting Person's spouse were converted to the merger consideration of cash and UTC stock on June 10, 1999. -----END PRIVACY-ENHANCED MESSAGE-----