SEC Form 4 · accession 0001179110-17-000311
BEMIS CO INC · BMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael B Clauer
Officer — Senior Vice President
Period of report
Jan 3, 2017
Accepted (ET)
Jan 4, 2017 · 5:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000011199
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Jan 3, 2017 | A | 7,075 | A | Dec 31, 2019 | Dec 31, 2019 | Common Stock | 7,075 | 7,075 | D |
| Performance UnitF1,F3 | — | Jan 3, 2017 | A | 16,508 | A | Dec 31, 2019 | Dec 31, 2019 | Common Stock | 16,508 | 16,508 | D |
Explanation of responses
- F1Each unit represents a right to receive one share of Bemis Common Stock upon vesting.
- F2Grant of Restricted Stock Unit exempt under Rule 16b-3. The units will vest on December 31, 2019 and will be settled in the form of Bemis Common Stock as soon as administratively possible thereafter.
- F3Grant of Performance Based Restricted Stock Unit exempt under Rule 16b-3. The units will be settled in the form of Bemis Common Stock if certain performance targets are achieved for the performance period ending December 31, 2019. Settlement is expected to occur following Compensation Committee certification of the performance targets, which is anticipated to occur in February 2020.