Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
TYC > SEC Filings for TYC > Form 8-K on 30-Jul-2014All Recent SEC Filings

Show all filings for TYCO INTERNATIONAL LTD



Other Events

Item 8.01 Other Events.

On July 30, 2014, George R. Oliver, Chief Executive Officer of Tyco International Ltd. (the "Company") entered into a Rule 10b5-1 trading plan with respect to 271,037 shares of Company stock issuable upon exercise of option awards scheduled to expire in 2016 and 2017. The trading plan, executed during the Company's most recent open trading window, becomes effective on September 4, 2014. Under the plan, the options are expected to be exercised and the underlying shares expected to be sold in the open market on a monthly basis over a one-year period, regardless of whether Mr. Oliver becomes aware of any material non-public information concerning the Company.

Mr. Oliver entered into the plan as part of his personal long-term financial and tax planning strategy and to provide for an orderly liquidation of the options prior to their expiration. Assuming that all of Mr. Oliver's options are exercised and the underlying shares are sold, Mr. Oliver would remain well above the minimum stock ownership thresholds established by the Company's Board of Directors. Any transactions under the 10b5-1 plan will be publicly reported through Form 144 and Form 4 filings with the Securities and Exchange Commission.

  Add TYC to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for TYC - All Recent SEC Filings
Copyright © 2015 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.