Kern Kevin 4
4 · BWAY Holding CO · Filed Dec 14, 2009
Insider Transaction Report
Form 4
Kern Kevin
SVP & Chief Admin. Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2009-12-11$1.61/sh−15,389$24,776→ 0 totalExercise: $1.61From: 2003-02-07Exp: 2009-12-14→ Common Stock (15,389 underlying) - Exercise/Conversion
Common Stock
2009-12-11$1.61/sh+15,389$24,776→ 23,897.5 total
Holdings
- 56,771
Employee Stock Option (right to buy)
Exercise: $5.35From: 2007-06-13Exp: 2013-02-08→ Common Stock (56,771 underlying) - 72,090
Employee Stock Option (right to buy)
Exercise: $5.35From: 2006-02-08Exp: 2013-02-08→ Common Stock (72,090 underlying) - 23,000
Employee Stock Option (right to buy)
Exercise: $18.56Exp: 2019-09-22→ Common Stock (23,000 underlying) - 78,697
Employee Stock Option (right to buy)
Exercise: $2.96From: 2003-02-07Exp: 2012-01-28→ Common Stock (78,697 underlying) - 51,365
Employee Stock Option (right to buy)
Exercise: $5.35Exp: 2013-02-08→ Common Stock (51,365 underlying)
Footnotes (2)
- [F1]The option vests in three equal annual installments beginning September 22, 2010.
- [F2]Options vesting: 1/3 of the options vest if, during any consecutive 45-day period, the average closing price per share of the Company's common stock (or, the "average closing price") is at least $19.26 and the closing price per share of the Company's common stock on the last day of such 45-day period (or, the "last day closing price") is at least $16.37; the next 1/3 of the options vest if, during any consecutive 45-day period, the average closing price is at least $21.52 and the last day closing price is at least $18.29; and the other 1/3 of the options vest if, during any consecutive 45-day period, the average closing price is at least. $23.78 and the last day closing price is at least $20.21.