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*
HOGAN FRANK W III
(Last) (First) (Middle)
4 LANDMARK SQUARE
SUITE 400
(Street)
STAMFORD CT 06901
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SILGAN HOLDINGS INC [ SLGN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP and General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
04/25/2006
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
Common Stock 04/25/2006 M 1,500 A $18.375 7,600 D
Common Stock 04/25/2006 S 1,500 D $39 6,100 D
Common Stock 04/25/2006 M 6,000 A $18.375 12,100 D
Common Stock 04/25/2006 M 2,717 A $14.4375 14,817 D
Common Stock 04/25/2006 S 8,717 D $39.0061 6,100 D
Common Stock 04/26/2006 M 5,283 A $14.4375 11,383 D
Common Stock 04/26/2006 M 16,000 A $8.5 27,383 D
Common Stock 04/26/2006 M 20,760 A $7.045 48,143 D
Common Stock 04/26/2006 M 1,944 A $21.1075 50,087 D
Common Stock 04/26/2006 M 25,000 A $16.54 75,087 D
Common Stock 04/26/2006 S 68,987 D $39.035 6,100(1) 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
Nonqualified options to purchase Common Stock $18.375 04/25/2006 M 7,500 (2) 06/29/2007 Common Stock 7,500 $18.375 98,000 D
Nonqualified options to purchase Common Stock $14.4375 04/25/2006 M 2,717 (3) 12/16/2007 Common Stock 2,717 $14.4375 95,283 D
Nonqualified options to purchase Common Stock $14.4375 04/26/2006 M 5,283 (3) 12/16/2007 Common Stock 5,283 $14.4375 90,000 D
Nonqualified options to purchase Common Stock $8.5 04/26/2005 M 16,000 (4) 04/04/2009 Common Stock 16,000 $8.5 74,000 D
Nonqualified options to purchase Common Stock $7.045 04/26/2006 M 20,760 (5) 02/03/2010 Common Stock 20,760 $7.045 53,240 D
Nonqualified options to purchase Common Stock $21.1075 04/26/2006 M 1,944 (6) 05/02/2012 Common Stock 1,944 $21.1075 51,296 D
Nonqualified options to purchase Common Stock $16.54 04/26/2006 M 25,000 (7) 11/06/2010 Common Stock 25,000 $16.54 26,296(8) D
Explanation of Responses:
1. This amount includes 4,100 restricted stock units granted on March 1, 2006 under the Silgan Holdings Inc. 2004 Stock Incentive Plan, as amended. These restricted stock units vest ratably over a five year period beginning March 1, 2007 and will be settled in shares of Common Stock on a 1 for 1 basis.
2. These options were granted on 6/30/97 and vested ratably over a five year period beginning on 6/30/98. All of these options were exercisable prior to the transactions reported on this Form 4.
3. These options were granted on 12/17/97 and vested ratably over a five year period beginning on 12/17/98. All of these options were exercisable prior to the transactions reported on this Form 4.
4. These options were granted on 4/5/99 and vested ratably over a five year period beginning on 4/5/00. All of these options were exercisable prior to the transactions reported on this Form 4.
5. These options were granted on 2/4/00 and vested ratably over a five year period beginning on 2/4/01. All of these options were exercisable prior to the transactions reported on this Form 4.
6. These options were granted on 5/3/02 and vest ratably over a five year period beginning on 5/3/03. 1,944 of these options were exercisable prior to the transactions reported on this Form 4.
7. These options were granted on 11/7/03 and vest ratably over a four year period beginning on 11/7/04. 25,000 of these options were exercisable prior to the transactions reported on this Form 4.
8. This amount includes 1,296 options granted on 5/3/02 (none of which are currently exercisable) and 25,000 options granted on 11/7/03 (none of which are currently exercisable).
/s/ Frank W. Hogan, III 04/27/2006
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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