SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Kiepura Michael E

(Last) (First) (Middle)
504 THRASHER STREET

(Street)
NORCROSS GA 30071

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rock-Tenn CO [ RKT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President - Consumer Packaging
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/01/2015 A 62,960 A $61.97 287,756 D
Class A Common Stock 07/01/2015 A 44,892 A $61.97 332,648 D
Class A Common Stock 07/01/2015 F 51,714 D $61.97 280,934 D
Class A Common Stock 07/01/2015 D 280,934 D (1)(2)(3) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right-to-buy) $17.975 07/01/2015 D 11,134 (4) 05/10/2017 Class A Common Stock 11,134 $0 0 D
Employee Stock Option (right-to-buy) $14.55 07/01/2015 D 29,332 (4) 03/19/2018 Class A Common Stock 29,332 $0 0 D
Employee Stock Option (right-to-buy) $17.88 07/01/2015 D 40,000 (4) 08/01/2018 Class A Common Stock 40,000 $0 0 D
Employee Stock Option (right-to-buy) $13.215 07/01/2015 D 44,550 (4) 03/18/2019 Class A Common Stock 44,550 $0 0 D
Employee Stock Option (right-to-buy) $21.345 07/01/2015 D 23,000 (4) 01/29/2020 Class A Common Stock 23,000 $0 0 D
Employee Stock Option (right-to-buy) $34.325 07/01/2015 D 17,150 (4) 02/28/2021 Class A Common Stock 17,150 $0 0 D
Employee Stock Option (right-to-buy) $31.695 07/01/2015 D 25,300 (4) 02/01/2022 Class A Common Stock 25,300 $0 0 D
Employee Stock Option (right-to-buy) $39.9 07/01/2015 D 20,180 01/25/2013(5) 01/25/2023 Class A Common Stock 20,180 $0 0 D
Employee Stock Option (right-to-buy) $50.74 07/01/2015 D 15,670 (4) 01/31/2024 Class A Common Stock 15,670 $0 0 D
Employee Stock Option (right-to-buy) $64.9 07/01/2015 D 14,225 03/08/2015(6) 03/08/2025 Class A Common Stock 14,225 $0 0 D
Explanation of Responses:
1. "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),
2. 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").
3. 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."
4. These options are fully exercisable.
5. Options will vest on 01/25/2016.
6. Options will vest on 03/09/2018.
Remarks:
Robert B. McIntosh (Attorney-in-fact pursuant to power of attorney previously filed with SEC) 07/01/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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