STURDIVANT DONALD W 4/A
4/A · GRAPHIC PACKAGING CORP · Filed Sep 22, 2003
Insider Transaction Report
Form 4/AAmended
STURDIVANT DONALD W
Senior VP, Universal Packaging
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2003-08-19$2.43/sh−200,000$486,000→ 0 totalExercise: $1.56From: 2003-08-08Exp: 2010-11-29→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]This transaction was originally reported on a form 4 filed on August 21, 2003. It is being re-reported on this form in order to gain access to the EDGAR system. This amendment is being filed solely for the purpose of filing the confirming statement attached hereto.
- [F2]Pursuant to the terms of the Third Amendmend and Restated Employment Agreement entered into by Graphic Packaging Internatinoal Corporation, any company controlled by, controlling, or under common control with Graphic Packaging International Corporation and the reporting person (the 'Employment Agreement'), in connection with the merger of Graphic Packaging International Corporation into Riverwood Acquisition Sub LLC (the 'Merger'), the reporting person has elected to cancel these options in favor of a cash payment of the amount of the spread between the fair market value of the shares underlying these options, measured as of August 8, 2003, and th exercise price of the options. The amount reported on Table II is the amount received by the reporting person per option canceled.