Hayford Warren J. 4
4 · BWAY Holding CO · Filed Dec 16, 2009
Insider Transaction Report
Form 4
Hayford Warren J.
Director
Transactions
- Award
Common Stock
2009-12-08+3,028→ 18,621.5 total
Holdings
- 175,949(indirect: By Trust)
Common Stock
- 588,882(indirect: By Trust)
Common Stock
- 376,636(indirect: By GRATs)
Common Stock
- 754,074
Stock Option (right to buy)
Exercise: $2.96From: 2003-02-07Exp: 2012-01-28→ Common Stock (754,074 underlying)
Footnotes (3)
- [F1]Shares are held by the Warren J. Hayford Declaration of Trust. The reporting person is the beneficial owner of the shares.
- [F2]Shares are held by the Hayford Family Trust. The reporting person is the beneficial owner of the shares.
- [F3]Of the shares held, 76,636 shares are held by the 2009 Hayford Children's Annuity Trust and 300,000 shares are by the 2009A Hayford Children's Annuity Trust. The annuity trusts are each 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 each GRAT). The reporting person disclaims beneficial ownership of the shares held by the GRATs, except to the extent of his pecuniary interest therein. The 300,000 shares held by the 2009A Hayford Children's Annuity Trust were transferred from (and previously reported as held by) the Warren J Hayford 2009B Annuity Trust.