SEC Form 4 · accession 0001584509-19-000093
Aramark · ARMK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn McKee
Officer — EVP, Human Resources
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 4:41 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 StockF1 | Mar 8, 2019 | M | 100,000 | $9.48 | A | 288,140 | D | |
| Common Stock | Mar 8, 2019 | F | 56,085 | $29.53 | D | 232,055 | D | |
| Common StockF3 | Mar 8, 2019 | S | 43,915 | $29.5772 | D | 188,140 | D | |
| Common StockF4 | holding | — | — | — | 50,000 | I | See footnote | |
| Common Stock | holding | — | — | — | 20,614 | I | By trusts | |
| Common StockF1 | holding | — | — | — | 93,430 | I | By Grantor Retained Annuity Trust |
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)F5 | $9.48 | Mar 8, 2019 | M | 100,000 | D | — | Mar 2, 2020 | Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1Reflects a transfer by the Reporting Person of 93,430 shares into a grantor retained annuity trust.
- F2Represents shares withheld to pay the exercise price and applicable withholding taxes associated with the exercise of stock options.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.46 to $29.69, 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.
- F4These shares are held by a limited partnership for which Ms. McKee serves as a general partner.
- F5Represents stock options from an initial grant of 150,000 stock options of which 18,750 vested on March 2, 2011; 37,500 vested on March 2, 2012; 18,750 vested on March 2, 2013; 37,500 vested on March 2, 2014; and 37,500 vested 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 therein.