SEC Form 4 · accession 0001584509-16-000378
Aramark · ARMK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn McKee
Officer — EVP, Human Resources
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 5:05 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 | Jun 1, 2016 | M | 125,000 | $5.44 | A | 477,920 | D | |
| Common StockF1 | Jun 1, 2016 | S | 125,000 | $33.2646 | D | 352,920 | D | |
| Common StockF2 | holding | — | — | — | 70,000 | I | See footnote | |
| Common Stock | holding | — | — | — | 38,614 | I | By trusts |
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)F3 | $5.44 | Jun 1, 2016 | M | 125,000 | D | — | Feb 27, 2017 | Common Stock | 125,000 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.0950 to $33.3450, 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 range set forth in this footnote.
- F2These shares are held by a limited partnership for which Ms. McKee serves as a general partner.
- F3Represents stock options from an initial grant of 300,000 stock options. 75,000 vested on January 26, 2008; 65,625 on January 26, 2009; 50,625 on January 26, 2010; 37,500 on January 26, 2011; and 71,250 upon the Issuer's achievement of certain stock price targets during 2013 and 2014.
Remarks
The reporting person disclaims beneficial ownership of all indirectly held securities except to the extent of her pecuniary interest.