SEC Form 4 · accession 0001209191-16-103384
GRAPHIC PACKAGING HOLDING CO · GPK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Steven Ukropina
Officer — SVP, Consumer Packaging Div.
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408075
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock UnitsF1,F2,F3 | $0.00 | Feb 25, 2016 | A | 52,996 | A | — | — | Common Stock | 52,996 | 52,996 | D |
| Service-Based Restricted Stock UnitsF1,F2 | $0.00 | Feb 25, 2016 | A | 26,458 | A | — | — | Common Stock | 26,458 | 26,458 | D |
Explanation of responses
- F1Performance-Based Restricted Stock Units and Service-Based Restricted Stock Units vest and become payable on the third anniversary of the date of grant, except in cases of death, disability, retirement, involuntary termination or change in control.
- F2The Restricted Stock Units expire upon the conversion and payment in shares of the Company's Common Stock as described under "Date Exercisable."
- F3This number represents payout at target. Actual payout may be adjusted up or down depending upon achievement of performance targets.