SEC Form 4 · accession 0001209191-15-022097
GREIF, INC · GEF, GEF-B
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vicki L Avril
Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 2:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000043920
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 3, 2015 | A | 2,840 | $44.01 | A | 17,561 | D | |
| Class A Common Stock | Mar 3, 2015 | M | 4,000 | $32.175 | A | 21,561 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock Units (Cash Only Rights)F2,F3 | $0.00 | Mar 2, 2015 | A | 17 | A | — | — | Class A Common Stock | 17 | 11,211 | D |
| Phantom Stock Units (Cash Only Rights)F2,F3 | $0.00 | Mar 3, 2015 | A | 176 | A | — | — | Class A Common Stock | 176 | 11,388 | D |
| Class A Common Stock OptionsF4 | $32.175 | Mar 3, 2015 | M | 4,000 | D | Feb 28, 2005 | Feb 28, 2015 | Class A Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Transaction reflects a restricted stock award made to the Reporting Person pursuant to the terms of the Issuer's outside directors' equity award plan. The shares are subject to restriction until the earlier of March 3, 2018, or the Reporting Person's termination from the board due to her retirement, death or other reason.
- F2Each phantom stock unit is the economic equivalent of one share of Class A Common Stock of Greif, Inc.
- F3The phantom shares are to be settled in cash upon the Reporting Person's termination from the Board due to her retirement, death or other reason.
- F4Stock options exercised on February 24, 2015 and exercise price received on March 3, 2015.