Graham Packaging Co Inc. 4
4 · Graham Packaging Co Inc. · Filed Sep 9, 2011
Insider Transaction Report
Form 4
MICHAEL GARY G
Director
Transactions
- Disposition to Issuer
Options to purchase limited partnership units (right to buy)
2011-09-08$17.83/sh−58,612$1,045,052→ 0 totalExercise: $7.67Exp: 2012-09-30→ Limited partnership units (58,612 underlying) - Disposition to Issuer
Options to purchase limited partnership units (right to buy)
2011-09-08$12.10/sh−18,907$228,775→ 0 totalExercise: $13.40Exp: 2012-09-29→ Limited partnership units (18,907 underlying)
Footnotes (3)
- [F1]Represents vested options to purchase limited partnership units in Graham Packaging Holdings Company which were exercisable as of the transaction date.
- [F2]The limited partnership units of Graham Packaging Holdings Company were, subject to certain restrictions in a Management Limited Partnership 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.
- [F3]Represents options to purchase limited partnership units in Graham Packaging Holdings Company, which fully vested pursuant to the Amended and Restated Agreement and Plan of Merger (the "Holdings Merger Agreement"), dated as of July 15, 2011, among Graham Packaging Company Inc., Graham Packaging Holdings Company, BCP/Graham Holdings L.L.C. (solely for the purposes of Section 3.07 thereof) and GPC Merger LLC.