4//SEC Filing
Rock-Tenn CO 4
Accession 0000230498-15-000087
CIK 0000230498operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 7:35 PM ET
Size
19.8 KB
Accession
0000230498-15-000087
Insider Transaction Report
Form 4
Rock-Tenn CORKT
Meadows Arnold Stephen
Chief Accounting Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right-to-buy)
2015-07-01−500→ 0 totalExercise: $31.03Exp: 2021-07-20→ Class A Common Stock (500 underlying) - Disposition to Issuer
Employee Stock Option (right-to-buy)
2015-07-01−2,840→ 0 totalExercise: $50.74Exp: 2024-01-31→ Class A Common Stock (2,840 underlying) - Disposition to Issuer
Employee Stock Option (right-to-buy)
2015-07-01−2,800→ 0 totalExercise: $34.33Exp: 2021-02-28→ Class A Common Stock (2,800 underlying) - Disposition to Issuer
Class A Common Stock
2015-07-01−72,464→ 72,464 total - Disposition to Issuer
Employee Stock Option (right-to-buy)
2015-07-01−4,650→ 0 totalExercise: $31.70Exp: 2022-02-01→ Class A Common Stock (4,650 underlying) - Disposition to Issuer
Employee Stock Option (right-to-buy)
2015-07-01−3,640→ 0 totalExercise: $39.90From: 2013-01-25Exp: 2023-01-25→ Class A Common Stock (3,640 underlying) - Disposition to Issuer
Employee Stock Option (right-to-buy)
2015-07-01−2,460→ 0 totalExercise: $64.90From: 2015-03-09Exp: 2025-03-09→ Class A Common Stock (2,460 underlying)
Footnotes (6)
- [F1]Options granted on 03/09/2015 and will vest on 03/09/2018.
- [F2]"On July 1, 2015, WestRock Company ("WestRock", formerly Rome-Milan Holdings, Inc.), Rock-Tenn Company ("RockTenn") and MeadWestvaco Corporation ("MWV") consummated a business combination transaction (the "Combination"), as a result of which RockTenn and MWV each became a direct wholly owned subsidiary of WestRock. Pursuant to the terms of the Second Amended and Restated Business Combination Agreement, dated as of April 17, 2015 and amended as of May 5, 2015, by and among WestRock, RockTenn, MWV, Rome Merger Sub, Inc. and Milan Merger Sub, LLC, (i) each share of RockTenn Class A common stock issued and outstanding immediately prior to the effective time of the Combination was cancelled and converted into the right to receive, at the election of the RockTenn shareholder (but subject to certain proration procedures),
- [F3]either (A) one share of WestRock common stock or (B) cash in an amount equal to the volume weighted average price per share of RockTenn common stock on the New York Stock Exchange for the consecutive period over the five trading days immediately preceding (but not including) the third trading day prior to the effective time of the Combination, and (ii) each share of MWV common stock issued and outstanding immediately prior to the effective time of the Combination was cancelled and converted into the right to receive 0.78 shares of WestRock common stock (the "MWV Exchange Ratio").
- [F4]Equity-based awards granted pursuant to RockTenn plans and MWV plans that were outstanding immediately prior to the effective time of the Combination were converted into corresponding awards in respect of WestRock common stock at the effective time of the Combination, subject to the same terms and conditions (including applicable vesting requirements) as were applicable to such awards prior to the consummation of the Combination; provided, that equity-based awards granted pursuant to MWV plans were adjusted to reflect the MWV Exchange Ratio."
- [F5]These options are fully exercisable.
- [F6]Options will vest on 01/25/2016.
Documents
Issuer
Rock-Tenn CO
CIK 0000230498
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000230498
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 7:35 PM ET
- Size
- 19.8 KB