SORENSEN JEFFREY J. 4
4 · Zep Inc. · Filed Apr 19, 2010
Insider Transaction Report
Form 4
Zep Inc.ZEP
SORENSEN JEFFREY J.
VP, Chief Marketing Officer
Transactions
- Award
Share Units
2010-04-15$16.99/sh+143$2,430→ 276 total→ Common Stock (143 underlying)
Footnotes (3)
- [F1]Stock Units are accrued under the Issuer's Supplemental Deferred Savings Plan (SDSP) and are payable in common stock upon retirement in either a lump sum or up to 10 annual installments. During the Reporting Period and in accordance with the provisions of the SDSP, certain of the Reporting Person's salary and/or bonus deferrals were invested into the Share Unit Fund in accordance with his election resulting in an increase in the number of share units held by the Reporting Person.
- [F2]1-for-1
- [F3]Stock Units issued pursuant to the SDSP are payable in Zep common shares upon retirement in either a lump sum or up to 10 annual installments.