SEC Form 4 · accession 0001179110-15-002604
G&K SERVICES INC · GK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas A. Milroy
Officer — Chairman and CEO · Director
Period of report
Feb 10, 2015
Accepted (ET)
Feb 17, 2015 · 10:05 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039648
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 12, 2015 | M | 7,500 | $22.27 | A | 266,418 | D | |
| Class A Common StockF1,F2 | Feb 12, 2015 | S | 7,500 | $72.01 | D | 258,918 | D | |
| Class C Common StockF3 | Feb 10, 2015 | G | 2,200 | $0.00 | D | 256,718 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1 | $22.27 | Feb 12, 2015 | M | 7,500 | D | Aug 21, 2009 | Aug 21, 2018 | Class A Common Stock | 7,500 | 7,668 | D |
Explanation of responses
- F1The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on December 9, 2014.
- F2This transaction was executed in multiple trades at prices ranging from $71.84 to $72.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3Denotes shares gifted by the reporting person for which no remuneration was received.