SEC Form 4 · accession 0001179110-17-005025
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 21, 2017
Accepted (ET)
Mar 22, 2017 · 9:54 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 21, 2017 | D | 192,276 | $97.50 | D | 0 | 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 OptionF2 | $7.96 | Mar 21, 2017 | D | 7,563 | D | Aug 19, 2011 | Aug 19, 2020 | Class A Common Stock | 7,563 | 0 | D |
| Employee Stock OptionF2 | $14.15 | Mar 21, 2017 | D | 72,368 | D | Aug 25, 2012 | Aug 25, 2021 | Class A Common Stock | 72,368 | 0 | D |
| Employee Stock OptionF2 | $26.07 | Mar 21, 2017 | D | 76,070 | D | Aug 23, 2013 | Aug 23, 2022 | Class A Common Stock | 76,070 | 0 | D |
| Employee Stock OptionF2 | $48.47 | Mar 21, 2017 | D | 72,227 | D | Aug 22, 2014 | Aug 22, 2023 | Class A Common Stock | 72,227 | 0 | D |
| Employee Stock OptionF2 | $55.04 | Mar 21, 2017 | D | 45,376 | D | Aug 21, 2015 | Aug 21, 2024 | Class A Common Stock | 45,376 | 0 | D |
| Employee Stock OptionF2 | $71.15 | Mar 21, 2017 | D | 90,341 | D | Aug 20, 2016 | Aug 20, 2025 | Class A Common Stock | 90,341 | 0 | D |
Explanation of responses
- F1Disposition is exempt under Rule 16(b)(3).
- F2This option was canceled in the merger in exchange for a cash payment of the difference between the exercise price and the $97.50 per share merger consideration.