SEC Form 4 · accession 0001209191-15-063130
ACCO BRANDS Corp · ACCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Keller
Director
Period of report
Jul 29, 2015
Accepted (ET)
Jul 31, 2015 · 5:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000712034
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 29, 2015 | S | 220,386 | $8.16 | D | 373,119 | D | |
| Common StockF1,F3 | Jul 30, 2015 | S | 202,604 | $8.07 | D | 170,515 | D | |
| Common StockF1,F4 | Jul 31, 2015 | S | 90,747 | $8.10 | D | 79,768 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sales were pursuant to a 10b5-1 plan which is now completed. Mr. Keller retired as an executive officer of the Company in March 2015 and as the Company's CEO in March 2013. As CEO, he was required by the Company's stock ownership guidelines to own Company stock with a value at least six times his annual salary. As a non-employee director, Mr. Keller is required to own Company stock with a value at least equal to three times his annual cash retainer. While Mr. Keller intends to maintain a position in the Company's stock well in excess of the stock ownership guidelines, he sold Company stock to diversify his investment portfolio as part of his retirement planning.
- F2This price reflects the weighted average sale price for the shares, which were sold in multiple transactions at prices that ranged from $8.05 to $8.40. Upon request of the SEC staff, the issuer, or a security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.
- F3This price reflects the weighted average sale price for the shares, which were sold in multiple transactions at prices that ranged from $8.05 to $8.10. Upon request of the SEC staff, the issuer, or a security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.
- F4This price reflects the weighted average sale price for the shares, which were sold in multiple transactions at prices that ranged from $8.05 to $8.19. Upon request of the SEC staff, the issuer, or a security holder of the issuer, the reporting person will provide information regarding the number of shares sold at each separate price.