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

Role
President & CEO, SPS
Signature
Su Ping Lu for John F. Waldron
Stock symbol
HON
Transactions as of
Jul 31, 2021
Transactions value $
-$400,465
Form type
4
Date filed
8/3/2021, 06:29 PM
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HON Common Stock Options Exercise +3.83K +10.55% 40.1K Jul 31, 2021 Direct F1, F2, F3
transaction HON Common Stock Tax liability -$400K -1.71K -4.27% $233.78 38.4K Jul 31, 2021 Direct
holding HON Common Stock 899 Jul 31, 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 -3.83K -51.72% $0.00 3.58K Jul 31, 2021 Common Stock 3.83K 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.