Filing Details
- Accession Number:
- 0001408287-13-000042
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-13 18:30:38
- Reporting Period:
- 2013-02-11
- Filing Date:
- 2013-02-13
- Accepted Time:
- 2013-02-13 18:30:38
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1408287 | Zep Inc. | ZEP | Specialty Cleaning, Polishing And Sanitation Preparations (2842) | 260783366 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1414585 | R Mark Bachmann | 1310 Seaboard Industrial Blvd. Nw Atlanta GA 30318 | Evp & Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-02-11 | 9,261 | $7.93 | 88,853 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-02-11 | 9,261 | $14.39 | 79,592 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2013-02-12 | 8,410 | $7.93 | 88,002 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-02-12 | 8,410 | $14.31 | 79,592 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-02-11 | 9,261 | $0.00 | 9,261 | $0.00 |
Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-02-12 | 8,410 | $0.00 | 8,410 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
38,383 | 2013-12-17 | No | 4 | M | Direct | |
29,973 | 2013-12-17 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.35 to $14.45, inclusive. The Reporting Person undertakes to provide to Zep Inc., any security holder of Zep Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.30 to $14.35, inclusive. The Reporting Person undertakes to provide to Zep Inc., any security holder of Zep Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
- The total direct shares shown includes 15,447 time-vesting restricted and/or performance shares.
- This stock option previously represented the right to purchase 15,948 shares of Acuity Brands, Inc. (AYI) common stock at an exercise price of $23.69. The stock option was converted to the right to purchase 47,644 shares of Zep Inc. (Zep) common stock at an exercise price of $7.93 effective with the spin-off of Zep from AYI. The original option agreement provided for a four year ratable vesting schedule beginning one year after the grant date, December 18, 2003 and was fully vested on December 18, 2007.