Home/Filings/4/0001140361-20-029499
4//SEC Filing

STEITZ JOHN M 4

Accession 0001140361-20-029499

CIK 0000850429other

Filed

Dec 22, 7:00 PM ET

Accepted

Dec 23, 8:16 PM ET

Size

12.8 KB

Accession

0001140361-20-029499

Insider Transaction Report

Form 4
Period: 2020-12-21
STEITZ JOHN M
DirectorPresident and CEO
Transactions
  • Award

    Stock Appreciation Right

    2020-12-21+21,679815,119 total
    Exercise: $14.62From: 2022-03-21Exp: 2024-03-21Common Stock (21,679 underlying)
  • Other

    Stock Option (right to buy)

    2020-12-21+366,165366,165 total
    Exercise: $14.62From: 2022-03-21Exp: 2024-03-21Common Stock (366,165 underlying)
  • Other

    Stock Option (right to buy)

    2020-12-21+427,275793,440 total
    Exercise: $10.75From: 2022-03-18Exp: 2027-03-18Common Stock (427,275 underlying)
  • Award

    Stock Appreciation Right

    2020-12-21+35,909851,028 total
    Exercise: $10.75From: 2022-03-18Exp: 2027-03-18Common Stock (35,909 underlying)
Holdings
  • Tredegar Common Stock

    86,492
Footnotes (4)
  • [F1]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 Executive Compensation Committee of the Issuer's Board of Directors (the "Committee") approved adjustments to the exercise price and number of shares subject to all unexercised stock options to account for the effect of the Special Dividend.
  • [F2]The original grant was for 273,057 shares with an exercise price of $19.61 per share.
  • [F3]The original grant was for 318,628 shares with an exercise price of $14.41 per share.
  • [F4]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.

Issuer

TREDEGAR CORP

CIK 0000850429

Entity typeother

Related Parties

1
  • filerCIK 0001235397

Filing Metadata

Form type
4
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 8:16 PM ET
Size
12.8 KB