G&K SERVICES INC 4
4 · G&K SERVICES INC · Filed Aug 25, 2014
Insider Transaction Report
Form 4
Curran Timothy N.
Senior V.P., U.S. Field
Transactions
- Award
Class A Common Stock
2014-08-21+5,049→ 45,316 total - Tax Payment
Class A Common Stock
2014-08-23$55.33/sh−538$29,768→ 44,431 total - Tax Payment
Class A Common Stock
2014-08-22$55.33/sh−347$19,200→ 44,969 total - Award
Employee Stock Option
2014-08-21+13,174→ 13,174 totalExercise: $55.04Exp: 2024-08-21→ Class A Common Stock (13,174 underlying)
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 22, 2014, an aggregate of 1,031 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 347 shares to pay the related taxes. As such, the number of shares actually issued was 684.
- [F4]On August 23, 2014, an aggregate of 1,601 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 538 shares to pay the related taxes. As such, the number of shares actually issued was 1,063.
- [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.