Home/Filings/4/0000950170-24-051288
4//SEC Filing

Brickhouse Frasier W II 4

Accession 0000950170-24-051288

CIK 0000850429other

Filed

Apr 30, 8:00 PM ET

Accepted

May 1, 4:15 PM ET

Size

18.7 KB

Accession

0000950170-24-051288

Insider Transaction Report

Form 4
Period: 2020-12-21
Transactions
  • Other

    Stock Option (right to buy)

    2020-12-21+5,9415,941 total
    Exercise: $10.75From: 2022-03-18Exp: 2027-03-18Common Stock (5,941 underlying)
  • Other

    Stock Option (right to buy)

    2020-12-21+2,0202,020 total
    Exercise: $17.29From: 2020-12-21Exp: 2024-03-28Common Stock (2,020 underlying)
  • Other

    Stock Option (right to buy)

    2020-12-21+1,9001,900 total
    Exercise: $19.64From: 2020-12-21Exp: 2023-02-21Common Stock (1,900 underlying)
  • Award

    Stock Appreciation Right

    2020-12-21+683683 total
    Exercise: $15.25From: 2020-12-21Exp: 2023-02-21Common Stock (683 underlying)
  • Award

    Stock Appreciation Right

    2020-12-21+760760 total
    Exercise: $15.25From: 2020-12-21Exp: 2024-03-28Common Stock (760 underlying)
  • Award

    Stock Appreciation Right

    2020-12-21+499499 total
    Exercise: $15.25From: 2022-03-18Exp: 2027-03-18Common Stock (499 underlying)
Holdings
  • Tredegar Common Stock

    (indirect: By 401(k))
    3,104
  • Tredegar Common Stock

    18,232
Footnotes (7)
  • [F1]In a review of the Issuer's records, the Issuer determined that the Form 4 to report the grant of stock appreciation rights made by the Executive Compensation Committee (the "Committee") of the Board of Directors to compensate holders for the loss in value of the stock options to which the stock appreciation rights relate as a result of the Special Dividend (as defined below) was inadvertently missed. This Form 4 is being filed to report the grant of such stock appreciation rights and reflects share ownership as of December 21, 2020.
  • [F2]Shares as reported by the Tredegar Corporation Retirement Savings Plan trustee as of December 21, 2020.
  • [F3]On December 18, 2020, the Issuer paid a special dividend of $5.97 per share to all holders of its common stock as of the close of business on December 11, 2020 (the "Special Dividend"). In connection with the Special Dividend, the Committee approved adjustments to the exercise price and/or number of shares subject to all unexercised stock options to account for the effect of the Special Dividend.
  • [F4]The original grant was for 4,430 shares with an exercise price of $14.41 per share.
  • [F5]The original grant was for 1,900 shares with an exercise price of $24.84 per share.
  • [F6]The original grant was for 2,020 shares with an exercise price of $22.49 per share.
  • [F7]Reflects a grant of stock appreciation rights made by the Committee to compensate holders for the loss in value of the stock options to which the stock appreciation rights relate as a result of the Special Dividend.

Documents

1 file

Issuer

TREDEGAR CORP

CIK 0000850429

Entity typeother

Related Parties

1
  • filerCIK 0001478829

Filing Metadata

Form type
4
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 4:15 PM ET
Size
18.7 KB