SEC Form 4 · accession 0001179110-16-029386
G&K SERVICES INC · GK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M Lenny Pippin
Director
Period of report
Sep 6, 2016
Accepted (ET)
Sep 7, 2016 · 2:43 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 | Sep 6, 2016 | M | 2,400 | $26.89 | A | 22,398 | D | |
| Class A Common StockF1 | Sep 6, 2016 | S | 2,400 | $97.30 | D | 19,998 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Director Stock Option | $26.89 | Sep 6, 2016 | M | 2,400 | D | Jan 2, 2008 | Jan 2, 2017 | Class A Common Stock | 2,400 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $97.25 to $97.37. 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.