Zep Inc. 4
4 · Zep Inc. · Filed Aug 12, 2014
Insider Transaction Report
Form 4
Zep Inc.ZEP
THEODORE PHILIP A
VP, Gen. Counsel & Corp. Sec.
Transactions
- Tax Payment
Common Stock
2014-08-10$15.88/sh−1,000$15,880→ 47,091 total - Sale
Common Stock
2014-08-11$16.10/sh−763$12,284→ 46,328 total
Footnotes (3)
- [F1]The transaction(s) being reported relate(s) to the vesting of restricted stock held by the reporting person and the shares being disposed of by the reporting person are shares withheld by the Company to pay the tax liability on the shares that vested pursuant to the grant.
- [F2]The number of shares sold represent the total of the reporting person's shares held in the issuer's Section 423 Employee Stock Purchase Plan (the "ESPP"). The reporting person is not currently participating in the ESPP.
- [F3]The total direct shares shown include 14,354 time-vesting restricted and/or performance shares.