SEC Form 4 · accession 0001296435-17-000013
Neenah Inc · NP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P O'Donnell
Officer — President and CEO · Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 11:07 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001296435
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Jan 3, 2017 | F | 13,639 | $85.20 | D | 14,568 | D | |
| Common stockF2 | Jan 3, 2017 | M | 20,918 | $24.09 | A | 35,486 | D | |
| Common stockF2 | Jan 3, 2017 | S | 20,918 | $85.39 | D | 14,568 | D | |
| Common stockF2 | Jan 4, 2017 | M | 16,054 | $24.09 | A | 30,622 | D | |
| Common stockF2 | Jan 4, 2017 | S | 16,054 | $86.29 | D | 14,568 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF2 | $24.09 | Jan 3, 2017 | M | 20,918 | D | Jan 25, 2013 | Jan 24, 2022 | Common stock | 20,918 | 0 | D |
| Stock Appreciation RightsF3 | $24.09 | Jan 4, 2017 | M | 16,054 | D | — | Jan 24, 2022 | Common stock | 16,054 | 2,154 | D |
Explanation of responses
- F1Number of shares withheld by the company to pay taxes upon the vesting of 28,207 restricted shares on 1/3/2017.
- F2This transaction was executed pursuant to a sale in accordance with a Preset Diversification Program (10b5-1 Trading Plan) for John P. O'Donnell
- F3The cancelled options provided for vesting in increments of one third on 1/25/2013, 1/25/2014, and 1/25/2015. The Stock Appreciation Rights vest on the same schedule.