Form Type: 4

SEC EDGAR Link
Accession Number:0001732845-20-000106
Date:2020-05-20
Issuer: WESTROCK CO (WRK)
Original Submission Date:

Reporting Person:

SHORE MARC P
1000 ABERNATHY ROAD NE
ATLANTA, GA 30328

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-05-20 A 14,400 a $25.31 115,009 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the company's compensation committee recently determined to set payments under the fiscal 2020 short term incentive program (the "2020 program") at threshold (i.e. 50% of target) and make payouts following the end of fiscal 2020 in the form of company common stock, rather than cash, with the fair market value of the shares based on the average closing price of the company's common stock on the nyse for the 10-day trading period commencing on may 7, 2020. the amount of shares listed as acquired on this form 4 represents 90% of the recipient's total award amount under the 2020 program at threshold because the award amount remains subject to a safety modifier, pursuant to which it may be decreased by up to 10% or increased by up to 5% depending on fiscal 2020 safety performance under the 2020 program. the award is subject to the recipient's continued employment and will be paid in accordance with the terms of the 2020 program. the award is scheduled to vest on november 13, 2020.
WhaleWisdom Logo

Elevate your investments