Zep Inc. 4
4 · Zep Inc. · Filed Feb 5, 2014
Insider Transaction Report
Form 4
Zep Inc.ZEP
Squicciarino Joseph
Director
Transactions
- Award
Share Units
2014-02-03$15.81/sh+514$8,126→ 12,530 total→ Common Stock (514 underlying)
Footnotes (3)
- [F1]Stock Units are accrued under the Issuer's Supplemental Deferred Savings Plan (SDSP) and are payable in common stock upon the occurrence of certain events in either a lump sum or up to 10 annual installments per the Reporting Person's election. 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 the occurrence of certain events in either a lump sum or up to 10 annual installments.