SORENSEN JEFFREY J. 4
4 · Zep Inc. · Filed Jan 4, 2011
Insider Transaction Report
Form 4
Zep Inc.ZEP
SORENSEN JEFFREY J.
VP, Chief Marketing Officer
Transactions
- Award
Share Units
2010-12-31$19.88/sh+1,145$22,763→ 1,710 total→ Common Stock (1,145 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, the Issuer made its annual matching and/or supplemental contributions 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.