SEC Form 4 · accession 0001179110-17-002176
BEMIS CO INC · BMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F. Austen
Officer — President & CEO · Director
Period of report
Feb 8, 2017
Accepted (ET)
Feb 10, 2017 · 4:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000011199
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 8, 2017 | M | 36,543 | $0.00 | A | 226,856 | D | |
| Common Stock | Feb 8, 2017 | F | 18,152 | $48.69 | D | 208,704 | D | |
| Common Stock | holding | — | — | — | 15,000 | I | By Spouse's GRAT | |
| Common Stock | holding | — | — | — | 14,306 | I | By Trust for Children | |
| Common Stock | holding | — | — | — | 15,000 | I | By GRAT | |
| Common Stock | holding | — | — | — | 3,404 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitF2,F1 | $0.00 | Feb 8, 2017 | M | 18,443 | D | Dec 31, 2016 | Dec 31, 2016 | Common Stock | 18,443 | 0 | D |
| Performance UnitF2,F1 | $0.00 | Feb 8, 2017 | M | 20,145 | D | Dec 31, 2016 | Dec 31, 2016 | Common Stock | 20,145 | 0 | D |
Explanation of responses
- F1Settlement of Performance Based Restricted Stock Units exempt under Rule 16b-3. Settlement of units was made on February 8, 2017 with 18,152 shares withheld for taxes, resulting in the delivery of 18,391 shares to Reporting Person.
- F2Each unit represents a right to receive one share of Bemis Common Stock upon vesting.