SEC Form 4 · accession 0001140361-16-087729
SILGAN HOLDINGS INC · SLGN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
D Greg Horrigan
Director · 10% Owner
Period of report
Nov 22, 2016
Accepted (ET)
Nov 23, 2016 · 1:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000849869
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 22, 2016 | S | 433,421 | $50.75 | D | 3,679,112 | D | |
| Common StockF3 | Nov 22, 2016 | S | 953 | $50.75 | D | 0 | I | By Spouse |
| Common StockF4,F5 | holding | — | — | — | 3,305,721 | I | By GRAT | |
| Common StockF6 | holding | — | — | — | 616,792 | I | By Horrigan Family Limited Partnership | |
| Common StockF7 | holding | — | — | — | 17,317 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1All such shares of Common Stock were sold by the reporting person to the Issuer pursuant to the Issuer's tender offer that was completed on November 22, 2016. In addition, a family foundation, over which the reporting person is a trustee but in which the reporting person has no pecuniary interest, sold 250,626 shares of Common Stock to the Issuer pursuant to the Issuer's tender offer that was completed on November 22, 2016.
- F2Since the reporting person's last report, 226,076 shares of Common Stock, which were indirectly beneficially owned by the reporting person through grantor retained annuity trusts, were transferred by such grantor retained annuity trusts to the reporting person and are now included in the amount of securities beneficially owned by the reporting person directly.
- F3All such shares of Common Stock were sold by the reporting person's spouse to the Issuer pursuant to the Issuer's tender offer that was completed on November 22, 2016.
- F4Since the reporting person's last report, 226,076 shares of Common Stock, which were indirectly beneficially owned by the reporting person through grantor retained annuity trusts, were transferred by such grantor retained annuity trusts to the reporting person and are now included in the amount of securities beneficially owned by the reporting person directly.
- F5These shares of Common Stock are owned by grantor retained annuity trusts, of which the reporting person and his spouse are co-trustees with voting and dispositive power over the shares or the reporting person is the sole trustee with voting and dispositive power over the shares.
- F6The reporting person is the sole general partner of Horrigan Family Limited Partnership, with sole voting and dispositive power over the shares.
- F7These shares of Common Stock are owned by a family trust, of which the reporting person is the trustee with voting and dispositive power over the shares.