5//SEC Filing
Hayford Warren J. 5
Accession 0001181431-09-051163
CIK 0001392179other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 1:06 PM ET
Size
17.5 KB
Accession
0001181431-09-051163
Insider Transaction Report
Form 5
Hayford Warren J.
Director
Transactions
- Other
Common Stock
2009-03-23+559,831→ 559,831 total(indirect: By Trust) - Other
Common Stock
2009-03-23−914,831→ 0 total(indirect: By Trust) - Other
Common Stock
2009-03-23+205,000→ 205,000 total(indirect: By Trust) - Other
Common Stock
2009-03-23+150,000→ 376,636 total(indirect: By GRATs) - Other
Common Stock
2009-04-20+29,051→ 588,882 total(indirect: By Trust) - Other
Common Stock
2009-04-20−29,051→ 175,949 total(indirect: By Trust)
Holdings
- 15,593.5
Common Stock
- 754,074
Stock Option (right to buy)
Exercise: $2.96From: 2003-02-07Exp: 2012-01-28→ Common Stock (754,074 underlying)
Footnotes (5)
- [F1]These shares were previously reported as indirectly beneficially owned by the reporting person as trustee of the declaratory trust of his deceased spouse. On 3/23/09, (a) 150,000 shares were transferred to (i) Hayford Non-Exempt Marital Trust, simultaneously to (ii) Warren J. Hayford Declaration of Trust, and simultaneously to (iii) Warren J Hayford 2009A Annuity Trust; (b) 205,000 shares were transferred to the Hayford Family Trust; and (c) 559,831 shares were transferred to (i) Hayford Non-Exempt Marital Trust and simultaneously to (ii) Warren J. Hayford Declaration of Trust.
- [F2]As noted in footnote 1, on 3/23/09, 559,831 shares were transferred to the Warren J. Hayford Declaration of Trust. On 4/20/09, the Hayford Family Trust transferred 29,051 shares to the Warren J. Hayford Declaration of Trust (see footnote 3). The reporting person is the beneficial owner of the shares held by the family trust and the declaratory trust.
- [F3]As noted in footnote 1, on 3/23/09, 205,000 shares were transferred to the Hayford Family Trust. On 4/20/09, the trust transferred 29,051 shares to the Warren J. Hayford Declaration of Trust (see footnote 2). The reporting person is the beneficial owner of the shares held by the family trust and the declaratory trust.
- [F4]As noted in footnote 1, on 3/23/09, 150,000 shares were transferred to the Warren J Hayford 2009A Annuity Trust. On 5/28/09, trust transferred the shares to the Warren J Hayford 2009B Annuity Trust. The annuity trust is a grantor retained annuity trust ("GRAT") from which the reporting person receives annual annuity payments (the reporting person is the settlor and the trustee of the GRAT). The reporting person disclaims beneficial ownership of the shares held by the GRAT, except to the extent of his pecuniary interest therein.
- [F5]Of the shares held at the end of the reporting period, 226,636 were previously reported as held by two GRATs. On 5/21/09, 76,636 shares were transferred to the 2009 Hayford Children's Annuity Trust, and on 5/28/09, 300,000 shares, which include the 150,000 shares received on 3/23/09 (see footnote 4), were transferred to the Warren J Hayford 2009B Annuity Trust. The children's trust and the annuity trust are each GRATs. The reporting person receives annual annuity payments from the GRATs and is the settlor and the trustee of each GRAT. The reporting person disclaims beneficial ownership of the shares held by the GRATs, except to the extent of his pecuniary interest therein.
Documents
Issuer
BWAY Holding CO
CIK 0001392179
Entity typeother
Related Parties
1- filerCIK 0001398240
Filing Metadata
- Form type
- 5
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 1:06 PM ET
- Size
- 17.5 KB