SEC Form 4 · accession 0001179110-17-005065
G&K SERVICES INC · GK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee J Schram
Director
Period of report
Mar 21, 2017
Accepted (ET)
Mar 22, 2017 · 12:47 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 | Mar 21, 2017 | D | 5,718 | $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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Director Stock OptionF2 | $63.03 | Mar 21, 2017 | D | 3,000 | D | Nov 5, 2015 | Nov 5, 2024 | Class A Common Stock | 3,000 | 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.