SEC Form 4 · accession 0001437749-16-023648
AEP INDUSTRIES INC · AEPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Vegliante
Officer — EVP Operations
Period of report
Jan 13, 2016
Accepted (ET)
Jan 14, 2016 · 3:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000785787
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 13, 2016 | A | 1,326 | $0.00 | A | 6,332 | D | |
| Common Stock | holding | — | — | — | 216,727 | I | By Spouse | |
| Common Stock | holding | — | — | — | 375 | I | Spouse as UGMA custodian for Son | |
| Common Stock | holding | — | — | — | 375 | I | Spouse as UGMA custodian for Daughter | |
| Common Stock | holding | — | — | — | 375 | I | Spouse as UGMA custodian for Daughter | |
| Common StockF3 | holding | — | — | — | 51,500 | I | 2012 Paul Vegliante Children's Trust | |
| Common StockF4 | holding | — | — | — | 51,500 | I | 2012 Carolyn Vegliante Children's Trust | |
| Common Stock | holding | — | — | — | 4,160 | I | ESOP | |
| Common Stock | holding | — | — | — | 307 | I | By Spouse ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vests at 20% per annum commencing January 13, 2016, and thereafter on January 7th.
- F2An additional 548 shares of common stock have been deducted from total holdings since the last Form 4 filing due to the holder's election to receive cash in lieu of shares upon the vesting of performance units on January 5, 2015, January 6, 2015, January 7, 2015.
- F3The 2012 Paul Vegliante Children's Trust was established by Mr. Vegliante and the trustees are Mr. J. Brendan Barba (CEO of AEP Industries Inc.) and Mrs. Vegliante. The reporting peson disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securites for Section 16 or any other purpose.
- F4The 2012 Carolyn Vegliante Children's Trust was established by Ms. Vegliante and the trustees are Mr. J. Brendan Barba (CEO of AEP Industries Inc.) and Mr. Vegliante. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
Remarks
Exhibit 24 -- Power of Attorney