John F. Waldron - 31 Jul 2021 Form 4 Insider Report for HONEYWELL INTERNATIONAL INC (HON)

Role
President & CEO, SPS
Signature
Su Ping Lu for John F. Waldron
Issuer symbol
HON
Transactions as of
31 Jul 2021
Net transactions value
-$400,465
Form type
4
Filing time
03 Aug 2021, 18:29:57 UTC
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HON Common Stock Options Exercise +3,831 +11% 40,145 31 Jul 2021 Direct F1, F2, F3
transaction HON Common Stock Tax liability $400,465 -1,713 -4.3% $233.78 38,432 31 Jul 2021 Direct
holding HON Common Stock 899 31 Jul 2021 Held in 401(k) plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HON Performance-Based Restricted Stock Units Options Exercise $0 -3,831 -52% $0.000000 3,576 31 Jul 2021 Common Stock 3,831 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes the reinvestment of dividend equivalents into 365 additional restricted stock units.
F2 The Performance-Based Restricted Stock Units were adjusted to increase the number of shares in a manner subject to the adjustment provisions of the AdvanSix Inc. spin-off from Honeywell which occurred on October 1, 2016; the Garrett Motion Inc. spin-off from Honeywell which occurred on October 1, 2018; and the Resideo Technologies, Inc. spin-off from Honeywell which occurred on October 29, 2018.
F3 Acquired pursuant to the settlement of Performance-Based Restricted Stock Units granted on July 29, 2016 under the 2016 Stock Incentive Plan of Honeywell International Inc. and its Affiliates. The performance period of the Performance-Based Restricted Stock Units ended on July 31, 2019, and the shares vest in three installments on each of July 31, 2019, July 31, 2021 and July 31, 2023. As a result of Honeywell's cumulative Total Shareholder Return (TSR) for the 3-year performance period (August 1, 2016 - July 31, 2019) relative to its compensation peer group, the Performance-Based Restricted Stock Units were earned at 200% of target.
F4 Excludes the reinvestment of dividend equivalents during the performance period and vesting period.