Darius Adamczyk - 31 Jul 2023 Form 4 Insider Report for HONEYWELL INTERNATIONAL INC (HON)

Role
Director
Signature
Su Ping Lu for Darius Adamczyk
Issuer symbol
HON
Transactions as of
31 Jul 2023
Transactions value $
-$1,775,511
Form type
4
Filing time
02 Aug 2023, 18:08:54 UTC
Previous filing
02 May 2023
Next filing
27 Nov 2023
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 +20,543 +12.25% 188,237 31 Jul 2023 Direct F1, F2, F3
transaction HON Common Stock Tax liability -$1,775,511 -9,130 -4.85% $194.47 179,107 31 Jul 2023 Direct
holding HON Common Stock 1,801 31 Jul 2023 Held in 401(k) plan
holding HON Common Stock 25,329 31 Jul 2023 Held in a GRAT

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 -20,543 -100% $0* 0 31 Jul 2023 Common Stock 20,543 Direct F1, F2, F3
* 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 2,679 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.