4//SEC Filing
Rock-Tenn CO 4
Accession 0001636023-15-000054
CIK 0000230498operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 8:34 PM ET
Size
25.8 KB
Accession
0001636023-15-000054
Insider Transaction Report
Form 4
Rock-Tenn CORKT
Porter James B
Executive Vice President
Transactions
- Award
Employee Stock Option (right-to-buy)
2015-07-01+13,334→ 13,334 totalExercise: $17.88Exp: 2018-08-01→ Class A Common Stock (13,334 underlying) - Award
Employee Stock Option (right-to-buy)
2015-07-01+18,580→ 18,580 totalExercise: $50.74Exp: 2024-01-31→ Class A Common Stock (18,580 underlying) - Award
Employee Stock Option (right-to-buy)
2015-07-01+23,000→ 23,000 totalExercise: $21.34Exp: 2020-01-29→ Class A Common Stock (23,000 underlying) - Award
Employee Stock Option (right-to-buy)
2015-07-01+17,150→ 17,150 totalExercise: $34.33Exp: 2021-02-28→ Class A Common Stock (17,150 underlying) - Award
Employee Stock Option (right-to-buy)
2015-07-01+15,920→ 15,920 totalExercise: $64.90From: 2015-03-09Exp: 2025-03-09→ Class A Common Stock (15,920 underlying) - Disposition to Issuer
Class A Common Stock
2015-07-01−56,294→ 56,294 total - Disposition to Issuer
Class A Common Stock
2015-07-01−116,182→ 116,182 total(indirect: By Trust) - Award
Employee Stock Option (right-to-buy)
2015-07-01+3,950→ 3,950 totalExercise: $31.03Exp: 2021-07-20→ Class A Common Stock (3,950 underlying) - Award
Employee Stock Option (right-to-buy)
2015-07-01+30,600→ 30,600 totalExercise: $31.70Exp: 2022-02-01→ Class A (30,600 underlying) - Award
Employee Stock Option (right-to-buy)
2015-07-01+23,680→ 23,680 totalExercise: $39.90From: 2013-01-25Exp: 2023-01-25→ Class A Common Stock (23,680 underlying)
Footnotes (7)
- [F1]"On July 1, 2015, WestRock Company ("WestRock", formerly Rome-Milan Holdings, Inc.), Rock-Tenn Company ("RockTenn") and MeadWestvaco Corporation ("MWV") consummated a business combination transaction (the "Combination"), as a result of which RockTenn and MWV each became a direct wholly owned subsidiary of WestRock. Pursuant to the terms of the Second Amended and Restated Business Combination Agreement, dated as of April 17, 2015 and amended as of May 5, 2015, by and among WestRock, RockTenn, MWV, Rome Merger Sub, Inc. and Milan Merger Sub, LLC, (i) each share of RockTenn Class A common stock issued and outstanding immediately prior to the effective time of the Combination was cancelled and converted into the right to receive, at the election of the RockTenn shareholder (but subject to certain proration procedures),
- [F2]either (A) one share of WestRock common stock or (B) cash in an amount equal to the volume weighted average price per share of RockTenn common stock on the New York Stock Exchange for the consecutive period over the five trading days immediately preceding (but not including) the third trading day prior to the effective time of the Combination, and (ii) each share of MWV common stock issued and outstanding immediately prior to the effective time of the Combination was cancelled and converted into the right to receive 0.78 shares of WestRock common stock (the "MWV Exchange Ratio").
- [F3]Equity-based awards granted pursuant to RockTenn plans and MWV plans that were outstanding immediately prior to the effective time of the Combination were converted into corresponding awards in respect of WestRock common stock at the effective time of the Combination, subject to the same terms and conditions (including applicable vesting requirements) as were applicable to such awards prior to the consummation of the Combination; provided, that equity-based awards granted pursuant to MWV plans were adjusted to reflect the MWV Exchange Ratio."
- [F4]Amount includes 224 shares purchased in Employee Stock Purchase Plan.
- [F5]These options are fully exercisable.
- [F6]Options will vest on 01/25/2016.
- [F7]Options granted 03/09/2015 and will vest on 03/09/2018.
Documents
Issuer
Rock-Tenn CO
CIK 0000230498
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000230498
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 8:34 PM ET
- Size
- 25.8 KB