SEC Form 4 · accession 0001408287-15-000008
Zep Inc. · ZEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John K Morgan
Officer — Chairman, President & CEO · Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 2, 2015 · 4:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408287
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share UnitsF1,F2,F3 | — | Dec 31, 2014 | A | 6,632 | A | — | — | Common Stock | 6,632 | 36,052 | D |
Explanation of responses
- F1Stock Units are accrued under the Issuer's Supplemental Deferred Savings Plan (SDSP) and are payable in common stock upon the occurrence of certain events in either a lump sum or up to 10 annual installments per the Reporting Person's election. During the Reporting Period, the Issuer made its annual matching and/or supplemental contributions resulting in an increase in the number of share units held by the Reporting Person.
- F21-for-1
- F3Stock Units issued pursuant to the SDSP are payable in Zep common shares upon the occurrence of certain events in either a lump sum or up to 10 annual installments.