SEC Form 4 · accession 0001179110-16-028905
G&K SERVICES INC · GK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian G Davis
Officer — VP, US Sales
Period of report
Aug 18, 2016
Accepted (ET)
Aug 22, 2016 · 5:39 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 StockF1,F2 | Aug 18, 2016 | A | 4,626 | — | A | 22,867 | D | |
| Class A Common StockF3 | Aug 20, 2016 | F | 255 | $97.13 | D | 22,612 | D | |
| Class A Common StockF4 | Aug 21, 2016 | F | 137 | $97.13 | D | 22,475 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Awards are subject to vesting in accordance with the terms of the company's plan.
- F2Grant of restricted stock pursuant to Section 16b-3.
- F3On August 20, 2016, an aggregate of 756 restricted shares previously issued to Mr. Davis vested in accordance with their terms and the terms of the plan under which such shares were issued. Mr. Davis elected to withhold an aggregate of 255 shares to pay the related taxes. As such, the number of shares actually issued was 501.
- F4On August 21, 2016, an aggregate of 405 restricted shares previously issued to Mr. Davis vested in accordance with their terms and the terms of the plan under which such shares were issued. Mr. Davis elected to withhold an aggregate of 137 shares to pay the related taxes. As such, the number of shares actually issued was 268.