SEC Form 4 · accession 0001584509-16-000376
Aramark · ARMK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen R Reynolds
Officer — EVP, GC and Secretary
Period of report
May 27, 2016
Accepted (ET)
Jun 1, 2016 · 5:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001584509
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 27, 2016 | M | 93,750 | $14.99 | A | 211,091 | D | |
| Common StockF1 | May 27, 2016 | S | 93,750 | $33.1667 | D | 117,341 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $14.99 | May 27, 2016 | M | 93,750 | D | — | Dec 5, 2022 | Common Stock | 93,750 | 62,500 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.00 to $33.28, inclusive. The reporting person undertakes to provide to Aramark, any security holder of Aramark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Represents an initial grant of 250,000 stock options. 62,500 vested on December 5, 2013; 62,500 vested on December 5, 2014; 62,500 vested upon the Issuer's achievement of a liquidity-event performance target in 2015; 31,250 vested on December 5, 2015; and 31,250 will vest on December 5, 2016.