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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance Shares (1) | (1) | 01/11/2011 | M | 125,000 (1) | (1) | (1) | Common Stock | 125,000 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
COTE DAVID M 101 COLUMBIA ROAD MORRISTOWN, NJ 07962 |
Chairman & CEO |
Jacqueline Katzel for David M. Cote | 01/13/2011 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | In February 2007, Mr. Cote received an award of 125,000 performance shares convertible into between 0 and 250,000 shares of Honeywell common stock, plus dividend equivalents in the form of additional shares of Honeywell common stock calculated by dividing the sum of cash dividends on the earned performance shares for the four-year performance period by the average Honeywell closing stock price for the 30 trading days preceding December 31, 2010. The number of performance shares earned is based on Honeywell's achievement of an 83% total shareowner return ranking against the S&P 100 comparator group over the four-year performance period. Fifty percent of the earned performance shares will be paid out in March 2011 with the 50% balance to be paid in March 2012, in both cases subject to Mr. Cote's continued employment through the scheduled payout dates. |
(2) | Reflects a transfer of 17,558 shares on September 22, 2010 exempt from reporting pursuant to Rule 16a-12 of the Securities Exchange Act of 1934. |