4//SEC Filing
FINK RICHARD 4
Accession 0001179110-06-000432
CIK 0000039648other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 6:27 PM ET
Size
30.9 KB
Accession
0001179110-06-000432
Insider Transaction Report
Form 4
G&K SERVICES INCGKSRA
FINK RICHARD
DirectorChairman of the Board10% Owner
Transactions
- Disposition to Issuer
Stock Option
2005-12-31−12,300→ 0 totalExercise: $35.40Exp: 2013-01-02→ Class A Common Stock (12,300 underlying) - Gift
Class A Common Stock
2005-12-12−2,125→ 68,237 total - Other
Class A Common Stock
2005-12-31+831,914→ 900,151 total - Disposition to Issuer
Stock Option
2005-12-31−12,500→ 0 totalExercise: $25.00From: 2003-05-25Exp: 2010-05-25→ Class A Common Stock (12,500 underlying) - Disposition to Issuer
Stock Option
2005-12-31−11,058→ 0 totalExercise: $32.57Exp: 2013-08-25→ Class A Common Stock (11,058 underlying) - Gift
Class A Common Stock
2005-12-02−25,640→ 70,362 total - Other
Class B Common Stock
2005-12-31−831,914→ 0 total - Award
Stock Option
2005-12-31+12,300→ 12,300 totalExercise: $35.40From: 2005-12-31Exp: 2006-12-31→ Class A Common Stock (12,300 underlying) - Award
Stock Option
2005-12-31+11,058→ 11,058 totalExercise: $32.57From: 2005-12-31Exp: 2006-12-31→ Class A Common Stock (11,058 underlying) - Award
Stock Option
2005-12-31+12,500→ 12,500 totalExercise: $25.00From: 2003-04-25Exp: 2006-12-31→ Class A Common Stock (12,500 underlying)
Holdings
- 4,259
Stock Option
Exercise: $41.56From: 2002-09-01Exp: 2008-12-31→ Class A Common Stock (4,259 underlying) - 6,887
Stock Option
Exercise: $27.95From: 2004-09-01Exp: 2008-12-31→ Class A Common Stock (6,887 underlying) - 7,700(indirect: By Spouse)
Class A Common Stock
- 16,156(indirect: By Foundation)
Class A Common Stock
- 6,456
Stock Option
Exercise: $28.50From: 2003-09-01Exp: 2008-12-31→ Class A Common Stock (6,456 underlying) - 78,226(indirect: By Trust)
Class A Common Stock
- 3,850
Stock Option
Exercise: $46.00From: 2001-09-01Exp: 2008-09-01→ Class A Common Stock (3,850 underlying)
Footnotes (4)
- [F1]Under a Stockholders Agreement dated June 14, 1985, these shares of Class B Common Stock were converted as of 12/31/05, the date of the Reporting Person's retirement, into shares of Class A Common Stock, subject to completion of documentation of the cancellation of the Class B Common Stock certificates.
- [F2]This stock option was amended in connection with Mr. Fink's retirement on December 31, 2005, with the amendment reported herein as the disposition of an outstanding option and the simultaneous grant of a new option with the following amended terms: The post-termination exercise period was extended to the date twelve months after termination of employment. Before the amendment, the option provided that it could be exercised for three months after termination of employment.
- [F3]This stock option was amended in connection with Mr. Fink's retirement on December 31, 2005, with the amendment reported herein as the disposition of an outstanding option and the simultaneous grant of a new option with the following amended terms: (A) The post-termination exercise period was extended to the date twelve months after termination of employment. Before the amendment, the option provided that it could be exercised for three months after termination of employment. (B) The vesting of the option was accelerated to December 31, 2005 with respect to the final installment of 4,100 shares, originally scheduled to vest on January 2, 2006.
- [F4]This stock option was amended in connection with Mr. Fink's retirement on December 31, 2005, with the amendment reported herein as the disposition of an outstanding option and the simultaneous grant of a new option with the following amended terms: (A) The post-termination exercise period was extended to the date twelve months after termination of employment. Before the amendment, the option provided that it could be exercised for three months after termination of employment. (B) The vesting of the option was accelerated to December 31, 2005 with respect to the final installment of 3,686 shares, originally scheduled to vest on August 25, 2006.
Documents
Issuer
G&K SERVICES INC
CIK 0000039648
Entity typeother
Related Parties
1- filerCIK 0000900584
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 6:27 PM ET
- Size
- 30.9 KB