SEC Form 4 · accession 0001636023-18-000042
WRKCo Inc. · WRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven C Voorhees
Officer — CEO - President · Director
Period of report
Jan 30, 2018
Accepted (ET)
Feb 6, 2018 · 5:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001636023
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 30, 2018 | F | 5,031 | $68.16 | D | 611,104 | D | |
| Common StockF1 | Feb 1, 2018 | M | 37,496 | $66.28 | A | 648,600 | D | |
| Common Stock | Feb 1, 2018 | F | 17,004 | $66.28 | D | 631,596 | D | |
| Common Stock | Feb 2, 2018 | A | 23,535 | $67.24 | A | 655,131 | D | |
| Common StockF2 | Feb 2, 2018 | A | 96,092 | $67.24 | A | 751,223 | D | |
| Common StockF3 | Feb 2, 2018 | F | 43,577 | $67.24 | D | 709,349 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Relates to a grant of performance-based stock on August 5, 2015, which, pursuant to its terms, vested on January 30, 2018, and for which the performance results were certified by the Company's Compensation Committee on February 1, 2018. Amount includes 2,897 shares received from dividend reinvestments on grant awarded.
- F2As reported in our Form 8-K filed with the SEC on September 28, 2017, (a) Mr. Voorhees returned 20,588 shares of our common stock, representing the number of shares awarded as part of a stock award made to him in January 2014 in excess of the applicable grant limit, net of 18,967 shares that were withheld to satisfy applicable taxes, plus $24,706 representing cash dividends received on the 20,588 shares of stock and (b) a stock award made to Mr. Voorhees in August 2015 was reduced by 50,326 unvested shares, representing the number of shares awarded in excess of the grant limit under the applicable grant limit. The Compensation Committee determined to make the award described in this Form 4 to address the return of shares and forfeiture of shares described above. Because those shares would have vested prior to the date of this award, the Compensation Committee determined that the shares subject to this award should vest upon grant.
- F3Amount includes 1,703 shares received as dividend reinvestment on grant issued 07/01/2018.