Home/Filings/4/0001179110-06-000432
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
Period: 2005-12-31
FINK RICHARD
DirectorChairman of the Board10% Owner
Transactions
  • Disposition to Issuer

    Stock Option

    2005-12-3112,3000 total
    Exercise: $35.40Exp: 2013-01-02Class A Common Stock (12,300 underlying)
  • Gift

    Class A Common Stock

    2005-12-122,12568,237 total
  • Other

    Class A Common Stock

    2005-12-31+831,914900,151 total
  • Disposition to Issuer

    Stock Option

    2005-12-3112,5000 total
    Exercise: $25.00From: 2003-05-25Exp: 2010-05-25Class A Common Stock (12,500 underlying)
  • Disposition to Issuer

    Stock Option

    2005-12-3111,0580 total
    Exercise: $32.57Exp: 2013-08-25Class A Common Stock (11,058 underlying)
  • Gift

    Class A Common Stock

    2005-12-0225,64070,362 total
  • Other

    Class B Common Stock

    2005-12-31831,9140 total
  • Award

    Stock Option

    2005-12-31+12,30012,300 total
    Exercise: $35.40From: 2005-12-31Exp: 2006-12-31Class A Common Stock (12,300 underlying)
  • Award

    Stock Option

    2005-12-31+11,05811,058 total
    Exercise: $32.57From: 2005-12-31Exp: 2006-12-31Class A Common Stock (11,058 underlying)
  • Award

    Stock Option

    2005-12-31+12,50012,500 total
    Exercise: $25.00From: 2003-04-25Exp: 2006-12-31Class A Common Stock (12,500 underlying)
Holdings
  • Stock Option

    Exercise: $41.56From: 2002-09-01Exp: 2008-12-31Class A Common Stock (4,259 underlying)
    4,259
  • Stock Option

    Exercise: $27.95From: 2004-09-01Exp: 2008-12-31Class A Common Stock (6,887 underlying)
    6,887
  • Class A Common Stock

    (indirect: By Spouse)
    7,700
  • Class A Common Stock

    (indirect: By Foundation)
    16,156
  • Stock Option

    Exercise: $28.50From: 2003-09-01Exp: 2008-12-31Class A Common Stock (6,456 underlying)
    6,456
  • Class A Common Stock

    (indirect: By Trust)
    78,226
  • Stock Option

    Exercise: $46.00From: 2001-09-01Exp: 2008-09-01Class A Common Stock (3,850 underlying)
    3,850
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.

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