SEC Form 4 · accession 0001437749-16-024504
AEP INDUSTRIES INC · AEPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Powers
Officer — President and COO · Director
Period of report
Jan 29, 2016
Accepted (ET)
Feb 2, 2016 · 2:26 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 29, 2016 | S | 375 | $81.75 | D | 24,254 | I | 2012 Lauren Powers Trust for benefit of Son |
| Common StockF3 | holding | — | — | — | 27,563 | D | ||
| Common Stock | holding | — | — | — | 145,411 | I | By Spouse | |
| Common StockF2 | holding | — | — | — | 19,629 | I | 2012 Lauren Powers trust for benefit of Son | |
| Common StockF2 | holding | — | — | — | 24,629 | I | 2012 Lauren Powers trust for benefit of Son | |
| Common StockF2 | holding | — | — | — | 24,629 | I | 2012 Lauren Powers trust for benefit of daughter | |
| Common Stock | holding | — | — | — | 4,390 | I | ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were sold at prices ranging from $81.49 to $81.97 per share. Upon request by the SEC staff, the issuer, or any security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F2The 2012 Lauren Powers Trusts for the benefit of her children were established by Mrs. Powers with Mr. Powers as trustee. The reporting person disclaims beneficial ownership of these securities except to his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- F3An additional 3,982 shares of common stock have been deducted from total holdings since the last Form 4 filing due to the insider's election to receive cash in lieu of shares upon the vesting of performance units on January 5, 2016, January 6, 2016, January 7, 2016 and January 13, 2016.