SEC Form 4 · accession 0001179110-15-012662
G&K SERVICES INC · GK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Louis Cotter
Officer — VP, General Counsel, Secretary
Period of report
Aug 24, 2015
Accepted (ET)
Aug 26, 2015 · 4:13 pm 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 Stock | Aug 24, 2015 | M | 1,000 | $27.44 | A | 25,932 | D | |
| Class A Common StockF1 | Aug 24, 2015 | S | 500 | $67.30 | D | 25,432 | D | |
| Class A Common StockF2 | Aug 24, 2015 | S | 500 | $67.87 | D | 24,932 | D | |
| Class A Common Stock | Aug 24, 2015 | M | 492 | $21.11 | A | 25,424 | D | |
| Class A Common Stock | Aug 24, 2015 | S | 492 | $66.04 | D | 24,932 | D | |
| Class A Common StockF3 | Aug 25, 2015 | F | 368 | $66.29 | D | 24,564 | 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 Option | $27.44 | Aug 24, 2015 | M | 1,000 | D | Feb 3, 2007 | Feb 3, 2016 | Class A Common Stock | 1,000 | 0 | D |
| Employee Stock Option | $21.11 | Aug 24, 2015 | M | 492 | D | Sep 1, 2007 | Sep 1, 2016 | Class A Common Stock | 492 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $66.56 to $67.50. 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.
- F2This transaction was executed in multiple trades at prices ranging from $67.62 to $68.00. 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.
- F3On August 25, 2015, an aggregate of 1,095 restricted shares previously issued to Mr. Cotter vested in accordance with their terms and the terms of the plan under which such shares were issued. Mr. Cotter elected to withhold an aggregate of 368 shares to pay the related taxes. As such, the number of shares actually issued was 727.