SEC Form 4 · accession 0001140361-17-024464
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
Jun 6, 2017
Accepted (ET)
Jun 8, 2017 · 4:06 pm EDT
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 | Jun 6, 2017 | A | 2,854 | — | A | 7,361,078 | D | |
| Common StockF3,F4 | holding | — | — | — | 6,611,442 | I | By GRAT | |
| Common StockF5,F6 | holding | — | — | — | 1,233,584 | I | By Horrigan Family Limited Partnership | |
| Common StockF7,F8 | holding | — | — | — | 34,634 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are restricted stock units that were granted on June 6, 2017 pursuant to the Silgan Holdings Inc. Amended and Restated 2004 Stock Incentive Plan and become fully vested on June 6, 2018. These restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis upon vesting.
- F2On May 26, 2017, a two-for-one stock split of the Common Stock of Silgan Holdings Inc. in the form of a stock dividend was effected, resulting in the reporting person's direct ownership of 3,679,112 additional shares of Common Stock of Silgan Holdings Inc. on such date.
- F3On May 26, 2017, a two-for-one stock split of the Common Stock of Silgan Holdings Inc. in the form of a stock dividend was effected, resulting in the reporting person's indirect ownership through grantor retained annuity trusts of 3,305,721 additional shares of Common Stock of Silgan Holdings Inc. on such date.
- F4These 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 over the shares.
- F5On May 26, 2017, a two-for-one stock split of the Common Stock of Silgan Holdings Inc. in the form of a stock dividend was effected, resulting in the reporting person's indirect ownership through Horrigan Family Limited Partnership of 616,792 additional shares of Common Stock of Silgan Holdings Inc. on such date.
- F6The reporting person is the sole general partner of Horrigan Family Limited Partnership, with sole voting and dispositive power over the shares.
- F7On May 26, 2017, a two-for-one stock split of the Common Stock of Silgan Holdings Inc. in the form of a stock dividend was effected, resulting in the reporting person's indirect ownership through a family trust of 17,317 additional shares of Common Stock of Silgan Holdings Inc. on such date.
- F8These 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.