Seifi Ghasemi - Jun 28, 2024 Form 4 Insider Report for Air Products & Chemicals, Inc. (APD)

Role
Chairman, Pres. and CEO
Signature
Andrea I. Rennig as Attorney in Fact
Stock symbol
APD
Transactions as of
Jun 28, 2024
Transactions value $
-$31,622,873
Form type
4
Date filed
7/1/2024, 09:33 PM
Previous filing
Apr 2, 2024
Next filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APD Common Stock Options Exercise $19.9M +165K +24.31% $120.69 845K Jun 28, 2024 Direct F1
transaction APD Common Stock Tax liability -$31.6M -123K -14.51% $258.05 722K Jun 28, 2024 Direct F2
transaction APD Common Stock Other $0 +50.3 +10.4% $0.00 534 Jun 28, 2024 By RSP F3

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 APD Stock Option (Right to Buy) Options Exercise -$19.9M -165K -100% $120.69 0 Jun 28, 2024 Common Stock 165K $120.69 Direct F1, F4
transaction APD Phantom Stock Award $5.8K +22 +0.67% $263.07 3.3K Jun 30, 2024 Common Stock 22 $0.00 Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were exercised automatically on the business day prior to their expiration date in accordance with their terms
F2 Reflects the withholding of shares with respect to the exercise price and the tax liability incurred upon the automatic net exercise of the stock options reported on this Form 4
F3 Not applicable to this security
F4 These options became exercisable in one-third increments on the first three anniversaries of grant, with the final tranche becoming exercisable on July 1, 2017
F5 Phantom deferred stock units (Units) acquired under the Air Products Stock Account of the issuer's Deferred Compensation Program for Directors, under the Company's Long-Term Incentive Plan.
F6 Not applicable to this security.
F7 These units are payable in the form of shares of common Stock equal in number to the units, at the time elected by the reporting person, which is generally after service on the issuer's Board of Directors ends. Units may be paid in a lump sum or up to ten installments as elected by the reporting person in advance.