Sauer Martin F 4
4 · Graham Packaging Co Inc. · Filed Jan 18, 2011
Insider Transaction Report
Form 4
Sauer Martin F
Senior VP, Global Sourcing
Transactions
- Exercise/Conversion
Limited partnership units
2011-01-13$6.82/sh+22,688$154,732→ 22,688 totalExercise: $0.00→ Common stock, par value $0.01 per share (22,688 underlying) - Conversion
Common stock, par value $0.01 per share
2011-01-13+22,688→ 22,688 total - Exercise/Conversion
Options to purchase limited partnership units (right to buy)
2011-01-13−22,688→ 0 totalExercise: $6.82Exp: 2011-04-01→ Limited partnership units (22,688 underlying) - Conversion
Limited partnership units
2011-01-13−22,688→ 0 totalExercise: $0.00→ Common stock, par value $0.01 per share (22,688 underlying) - Sale
Common stock, par value $0.01 per share
2011-01-13$14.30/sh−22,688$324,438→ 0 total
Footnotes (4)
- [F1]Shares of common stock of Graham Packaging Company Inc. were acquired upon exchange of limited partnership units of Graham Packaging Holdings Company in accordance with a Management Option Unit Exchange Agreement.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously established by the reporting person. [NTD: please confirm this is accurate.]
- [F3]All 22,688 options exercised by the reporting person were vested.
- [F4]The limited partnership units of Graham Packaging Holdings Company are, subject to certain restrictions in a Management Option Unit Exchange Agreement, exchangeable on a one-for-one basis for shares of Graham Packaging Company Inc. common stock, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications.