SEC Form 4 · accession 0001140361-16-087295
Quad/Graphics, Inc. · QUAD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Fowler
Officer — Vice Chairman & EVP · Director
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 5:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001481792
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Nov 16, 2016 | M | 8,816 | $23.37 | A | 196,049 | D | |
| Class A Common Stock | Nov 17, 2016 | M | 15,000 | $13.4708 | A | 211,049 | D | |
| Class A Common Stock | Nov 17, 2016 | M | 30,000 | $23.37 | A | 241,049 | D | |
| Class A Common StockF1 | Nov 16, 2016 | S | 8,716 | $26.5704 | D | 232,333 | D | |
| Class A Common Stock | Nov 16, 2016 | S | 100 | $26.75 | D | 232,233 | D | |
| Class A Common StockF2 | Nov 17, 2016 | S | 15,000 | $26.7011 | D | 217,233 | D | |
| Class A Common StockF3 | Nov 17, 2016 | S | 15,000 | $26.7516 | D | 202,233 | D | |
| Class A Common StockF4 | Nov 17, 2016 | S | 15,000 | $27.0019 | D | 187,233 | D | |
| Class A Common Stock | Nov 18, 2016 | M | 9,000 | $23.37 | A | 196,233 | D | |
| Class A Common StockF5 | Nov 18, 2016 | S | 3,000 | $27.036 | D | 193,233 | D | |
| Class A Common StockF6 | Nov 18, 2016 | S | 6,000 | $26.9158 | D | 187,233 | D | |
| Class A Common Stock | holding | — | — | — | 1,291 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $13.4708 | Nov 17, 2016 | M | 15,000 | D | May 14, 2012 | Nov 18, 2021 | Class A Common Stock | 15,000 | 2,500 | D |
| Stock Options (Right to Buy)F7 | $23.37 | Nov 16, 2016 | M | 8,816 | D | — | Jan 31, 2017 | Class A Common Stock | 8,816 | 78,984 | D |
| Stock Options (Right to Buy)F7 | $23.37 | Nov 17, 2016 | M | 30,000 | D | — | Jan 31, 2017 | Class A Common Stock | 30,000 | 48,984 | D |
| Stock Options (Right to Buy)F7 | $23.37 | Nov 18, 2016 | M | 9,000 | D | — | Jan 31, 2017 | Class A Common Stock | 9,000 | 39,984 | D |
| Stock Options (Right to Buy) | $13.4708 | holding | — | — | — | May 14, 2012 | Nov 18, 2021 | Class A Common Stock | 7,350 | 7,350 | D |
| Stock Options (Right to Buy) | $19.12 | holding | — | — | — | May 14, 2012 | Nov 18, 2021 | Class A Common Stock | 6,500 | 6,500 | D |
| Stock Options (Right to Buy) | $13.4708 | holding | — | — | — | May 14, 2012 | Nov 18, 2021 | Class A Common Stock | 10,000 | 10,000 | D |
| Stock Options (Right to Buy)F8 | $29.37 | holding | — | — | — | — | Jan 31, 2019 | Class A Common Stock | 30,000 | 30,000 | D |
| Stock Options (Right to Buy)F9 | $15.37 | holding | — | — | — | — | Jan 31, 2020 | Class A Common Stock | 30,000 | 30,000 | D |
| Stock Options (Right to Buy)F10 | $16.62 | holding | — | — | — | — | Jan 31, 2020 | Class A Common Stock | 45,000 | 45,000 | D |
| Stock Options (Right to Buy)F11 | $41.26 | holding | — | — | — | — | Jan 1, 2021 | Class A Common Stock | 34,218 | 34,218 | D |
| Class B Common StockF13,F12 | — | holding | — | — | — | — | — | Class A Common Stock | 111,660 | 111,660 | I |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received ranged from $26.50 to $26.73. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- F10Became exercisable as to 14,850 shares on May 14, 2012, and became exercisable ratably over the next three years with respect to the remaining shares beginning on November 18, 2012.
- F11Became exercisable in three equal annual installments beginning on January 1, 2013.
- F12Class B Common Stock is convertible into Class A Common Stock on a 1-for-1 basis at no cost and has no expiration date.
- F13As Trustee for the HRQ 2010 Trust. The reporting person is a trustee of the trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F2The price in Column 4 is a weighted average price. The prices actually received ranged from $26.5914 to $26.78. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- F3The price in Column 4 is a weighted average price. The prices actually received ranged from $26.75 to $26.775. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- F4The price in Column 4 is a weighted average price. The prices actually received ranged from $27.00 to $27.03. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- F5The price in Column 4 is a weighted average price. The prices actually received ranged from $27.00 to $27.10. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- F6The price in Column 4 is a weighted average price. The prices actually received ranged from $26.75 to $27.0801. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
- F7Became exercisable as to 263,940 shares on May 14, 2012, and the remaining shares became exercisable on November 18, 2012.
- F8Became exercisable in two equal annual installments beginning on November 18, 2012.
- F9Became exercisable in three equal annual installments beginning on November 18, 2012.