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SEC Filings / Section 16 Reports

DEF 14A
BECTON DICKINSON & CO filed this Form DEF 14A on 12/03/2018
Entire Document
 

Information Regarding Plan Awards in Fiscal Year 2018
Set forth below is information regarding awards granted to the named executive officers in fiscal year 2018. The non-equity incentive plan awards were made under the PIP. The equity compensation awards were made under BD’s 2004 Plan.
Grants of Plan-Based Awards in Fiscal Year 2018
 
 
 
 
 
 
Estimated Possible Payouts
Under Non-Equity Incentive
Plan Awards(2)
 
Estimated Future Payouts
Under Equity Incentive
Plan Awards(3)
 
All Other
Stock
Awards:
Number
of Shares
of Stock
or Units
(#)
 
All Other
SAR
Awards:
Number of
Securities
Underlying
SARs (#)
 
Exercise
or Base
Price of
SAR
Awards
($/Sh)(4)
 
Grant
Date Fair
Value of
Stock and
SAR
Awards($)(5)
Name
Award
Type(1)
 
Grant
Date
 
Threshold
($)
 
Target
($)
 
Maximum
($)
 
Threshold
(#)
 
Target
(#)
 
Maximum
(#)
 
 
 
 
Vincent A.
Forlenza
PIP
 
N/A
 
1,242,000

 
1,800,000

 
3,600,000

 

 

 

 

 

 

 

 
PU
 
11/26/17
 

 

 

 
7,525

 
17,707

 
35,414

 

 

 

 
4,488,813

 
TVU
 
11/26/17
 

 

 

 

 

 

 
10,009

 

 

 
2,205,083

 
SAR
 
11/26/17
 

 

 

 

 

 

 

 
95,957

 
226.28

 
4,423,618

Christopher R.
Reidy
PIP
 
N/A
 
514,812

 
746,104

 
1,492,208

 

 

 

 

 

 

 

 
PU
 
11/26/17
 

 

 

 
2,240

 
5,270

 
10,540

 

 

 

 
1,335,971

 
TVU
 
11/26/17
 

 

 

 

 

 

 
2,979

 

 

 
656,303

 
SAR
 
11/26/17
 

 

 

 

 

 

 

 
28,559

 
226.28

 
1,316,570

Patrick K.
Kaltenbach
PIP
 
N/A
 
119,600

 
178,082

 
346,666

 

 

 

 

 

 

 

 
PU
 
6/1/18
 

 

 

 
2,054

 
4,832

 
9,664

 

 

 

 
1,109,234

 
TVU
 
6/1/18
 

 

 

 

 

 

 
2,533

 

 

 
554,955

 
SAR
 
6/1/18
 

 

 

 

 

 

 

 
22,923

 
224.94

 
1,123,227

Samrat S.
Khichi
PIP
 
N/A
 
232,875

 
337,500

 
675,000

 

 

 

 

 

 

 

 
PU
 
1/2/18
 

 

 

 
1,223

 
2,877

 
5,754

 

 

 

 
701,930

 
TVU
 
1/2/18
 

 

 

 

 

 

 
1,627

 

 

 
345,217

 
SAR
 
1/2/18
 

 

 

 

 

 

 

 
15,591

 
217.84

 
692,864

Thomas E.
Polen
PIP
 
N/A
 
592,020

 
858,000

 
1,716,000

 

 

 

 

 

 

 

 
PU
 
11/26/17
 

 

 

 
2,509

 
5,903

 
11,806

 

 

 

 
1,496,440

 
TVU
 
11/26/17
 

 

 

 

 

 

 
3,337

 

 

 
735,174

 
SAR
 
11/26/17
 

 

 

 

 

 

 

 
31,986

 
226.28

 
1,474,555

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Award Type:
PIP = Performance Incentive Plan
PU = Performance Unit
TVU = Time-Vested Unit
SAR = Stock Appreciation Right
 
(2)
The amounts shown represent the range of possible dollar payouts that a named executive officer could earn under the PIP for fiscal year 2018, based on certain assumptions. Actual payments to the named executive officers under the PIP are reflected in the “Non-Equity Incentive Plan Compensation” column of the Summary Compensation Table on page 37. The amount in the “Threshold” column assumes BD achieved the minimum performance levels for each performance measure, resulting in available funding for awards at 60% of target, and that the named executive officer received a payment equal to 60% of his award target. The “Maximum” column reflects an award at 200% of target, the maximum award an individual may receive under the PIP.

(3)
The amounts shown represent the range of potential share payouts under Performance Unit awards. The amount in the “Threshold” column shows the number of shares that will be paid out assuming BD achieves the minimum performance level for each performance measure under the award.

(4)
The exercise price is the closing price of BD common stock on the date of grant, as reported on the NYSE.


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