SEC Form 4 · accession 0001179110-15-005394
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
Mar 24, 2015
Accepted (ET)
Mar 25, 2015 · 9:07 am EDT
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 | Mar 24, 2015 | M | 7,500 | $7.96 | A | 264,218 | D | |
| Class A Common StockF1,F2 | Mar 24, 2015 | S | 7,500 | $73.33 | 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 | $7.96 | Mar 24, 2015 | M | 7,500 | D | Aug 19, 2011 | Aug 19, 2020 | Class A Common Stock | 7,500 | 37,563 | 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 $73.06 to $73.77. 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.