SEC Form 4 · accession 0001437749-16-034103
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
Jun 16, 2016
Accepted (ET)
Jun 20, 2016 · 5:18 pm EDT
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 Stock | Apr 27, 2016 | G | 407 | $0.00 | A | 27,970 | D | |
| Common StockF1 | Apr 27, 2016 | G | 407 | $0.00 | A | 20,036 | I | 2012 Lauren Powers Trust for benefit of Son |
| Common StockF1 | Apr 27, 2016 | G | 407 | $0.00 | A | 25,036 | I | 2012 Lauren Powers trust for benefit of Son |
| Common StockF1 | Apr 27, 2016 | G | 407 | $0.00 | A | 25,036 | I | 2012 Lauren Powers trust for benefit of Daughter |
| Common Stock | May 16, 2016 | G | 900 | $0.00 | D | 144,511 | I | By Spouse |
| Common StockF1 | May 16, 2016 | G | 200 | $0.00 | A | 20,236 | I | 2012 Lauren Powers Trust for benefit of Son |
| Common StockF1 | May 16, 2016 | G | 200 | $0.00 | A | 22,454 | I | 2012 Lauren Powers Trust for benefit of Son |
| Common StockF1 | May 16, 2016 | G | 200 | $0.00 | A | 25,236 | I | 2012 Lauren Powers trust for benefit of Son |
| Common StockF1 | May 16, 2016 | G | 200 | $0.00 | A | 25,236 | I | 2012 Lauren Powers trust for benefit of Daughter |
| Common StockF2 | Jun 16, 2016 | G | 87,489 | $0.00 | A | 87,489 | I | By spouse as trustee of GRAT #9 |
| Common StockF3 | holding | — | — | — | 4,423 | I | ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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.
- F2Grantor Retained Annuity Trust (GRAT) #9 was established by Mr. Brendan Barba, and the trustees of the GRAT are Mr. Paul M. Feeney (Executive Vice President, Finance and CFO of AEP Industries Inc.) and the two daughters of Mr. Barba (who are also co-beneficiaries of the GRAT.) Mr. Powers is the spouse of one such daughter. 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 an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- F3Includes 14 shares acquired on February 16, 2016 and 19 shares acquired on May 17, 2016, in each case, through the dividend reinvestment feature of the AEP industries Inc. 401k Plan.