G&K SERVICES INC 4
4 · G&K SERVICES INC · Filed Aug 26, 2013
Insider Transaction Report
Form 4
Curran Timothy N.
Senior V.P., U.S. Field
Transactions
- Tax Payment
Class A Common Stock
2013-08-23$54.04/sh−539$29,128→ 42,015 total - Award
Employee Stock Option
2013-08-22+13,106→ 13,106 totalExercise: $54.47Exp: 2023-08-22→ Class A Common Stock (13,106 underlying) - Award
Class A Common Stock
2013-08-22+5,155→ 42,554 total - Tax Payment
Class A Common Stock
2013-08-25$54.04/sh−564$30,479→ 41,451 total
Footnotes (5)
- [F1]Awards are subject to vesting in accordance with the terms of the company's plan.
- [F2]Grant of restricted stock pursuant to Section 16b-3.
- [F3]On August 23, 2013, an aggregate 1,602 restricted shares previously issued to Mr. Curran vested in accordance with their terms and the terms of the plan under which such shares were issued. Mr. Curran elected to withhold an aggregate of 539 shares to pay the related taxes. As such, the number of shares actually issued was 1,063.
- [F4]On August 25, 2013, an aggregate 1,678 restricted shares previously issued to Mr. Curran vested in accordance with their terms and the terms of the plan under which such shares were issued. Mr. Curran elected to withhold an aggregate of 564 shares to pay the related taxes. As such, the number of shares actually issued was 1,114.
- [F5]Subject to the terms of the company's plan, vests in equal increments over a three year period, commencing on the first anniversary of the date of grant.