Squicciarino Joseph 4
4 · Zep Inc. · Filed Feb 5, 2013
Insider Transaction Report
Form 4
Zep Inc.ZEP
Squicciarino Joseph
Director
Transactions
- Award
Share Units
2013-02-01$14.80/sh+549$8,125→ 10,440 total→ Common Stock (549 underlying)
Footnotes (3)
- [F1]Stock Units are accrued under the Issuer's Nonemployee Directors' Deferred Compensation Plan (the "Plan") and are payable in shares upon retirement in either a lump sum or five annual installments. Accruals include required and elective deferral of director fees. During the Reporting Period, fees paid to the Reporting Person resulted in an increase in the number of units held.
- [F2]1-for-1
- [F3]Stock Units issued pursuant to the Plan are payable in common shares upon retirement in either a lump sum or five annual installments.