SEC Form 4 · accession 0001209191-18-012840
GRAPHIC PACKAGING HOLDING CO · GPK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan R Nichols
Officer — SVP, Mills
Period of report
Feb 22, 2018
Accepted (ET)
Feb 23, 2018 · 11:40 am 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,F4 | — | Feb 22, 2018 | A | 48,094 | A | — | — | Common Stock | 48,094 | 48,904 | D |
| Service-Based Restricted Stock UnitsF1,F2,F3 | — | Feb 22, 2018 | A | 20,910 | A | — | — | Common Stock | 20,910 | 20,910 | D |
Explanation of responses
- F1Convertible into shares of the Issuer's common stock on a one-for-one basis.
- F2Performance-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.
- F3The Restricted Stock Units expire upon the conversion and payment in shares of the Company's Common Stock as described under "Date Exercisable."
- F4This number represents payout of the Performance Restricted Stock Units at target. Actual payout may be adjusted up or down depending upon achievement of performance targets.