Darius Adamczyk - Jul 31, 2021 Form 4 Insider Report for HONEYWELL INTERNATIONAL INC (HON)

Role
Chairman and CEO, Director
Signature
Su Ping Lu for Darius Adamczyk
Stock symbol
HON
Transactions as of
Jul 31, 2021
Transactions value $
-$2,002,092
Form type
4
Date filed
8/3/2021, 06:44 PM
Previous filing
Jul 27, 2021
Next filing
Sep 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HON Common Stock Options Exercise +19.2K +13.18% 164K Jul 31, 2021 Direct F1, F2, F3
transaction HON Common Stock Tax liability -$2M -8.56K -5.21% $233.78 156K Jul 31, 2021 Direct
holding HON Common Stock 1.56K 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 -19.2K -51.75% $0.00 17.9K Jul 31, 2021 Common Stock 19.2K 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 1,826 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.