0001179110-17-005037.txt : 20170322
0001179110-17-005037.hdr.sgml : 20170322
20170322110656
ACCESSION NUMBER: 0001179110-17-005037
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170321
FILED AS OF DATE: 20170322
DATE AS OF CHANGE: 20170322
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: G&K SERVICES INC
CENTRAL INDEX KEY: 0000039648
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200]
IRS NUMBER: 410449530
STATE OF INCORPORATION: MN
FISCAL YEAR END: 0702
BUSINESS ADDRESS:
STREET 1: 5995 OPUS PARKWAY
STREET 2: SUITE 500
CITY: MINNETONKA
STATE: MN
ZIP: 55343
BUSINESS PHONE: 9529125500
MAIL ADDRESS:
STREET 1: 5995 OPUS PARKWAY
STREET 2: SUITE 500
CITY: MINNETONKA
STATE: MN
ZIP: 55343
FORMER COMPANY:
FORMER CONFORMED NAME: NORTHWEST LINEN CO
DATE OF NAME CHANGE: 19681227
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FANCEY KEVIN A
CENTRAL INDEX KEY: 0001594199
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-04063
FILM NUMBER: 17705945
MAIL ADDRESS:
STREET 1: 5995 OPUS PARKWAY
STREET 2: SUITE 500
CITY: MINNETONKA
STATE: MN
ZIP: 55343
4
1
edgar.xml
FORM 4 -
X0306
4
2017-03-21
1
0000039648
G&K SERVICES INC
GK
0001594199
FANCEY KEVIN A
5995 OPUS PARKWAY, SUITE 500
MINNETONKA
MN
55343
0
1
0
0
President, G&K Services Canada
Class A Common Stock
2017-03-21
4
D
0
5661
97.50
D
0
D
Employee Stock Option
47.20
2017-03-21
4
D
0
5000
0
D
2014-08-19
2023-08-19
Class A Common Stock
5000
0
D
Employee Stock Option
55.04
2017-03-21
4
D
0
12161
0
D
2015-08-21
2024-08-21
Class A Common Stock
12161
0
D
Employee Stock Option
71.15
2017-03-21
4
D
0
12509
0
D
2016-08-20
2025-08-20
Class A Common Stock
12509
0
D
Restricted Stock Unit
2017-03-21
4
D
0
2520
0
D
Class A Common Stock
2520
0
D
Restricted Stock Unit
2017-03-21
4
D
0
4626
0
D
Class A Common Stock
4626
0
D
Disposition is exempt under Rule 16(b)(3).
This option was canceled in the merger in exchange for a cash payment of the difference between the exercise price and the $97.50 per share merger consideration.
The restricted stock units vest in equal installments over a period of three years. On each vesting date, the company pays to Mr. Fancey a cash amount equal to the fair market value of one share of the company's common stock on such vesting date times the number of restricted stock units that vested, and such vested restricted stock units thereafter are cancelled and no further amounts are paid with respect to them.
The restricted stock units were canceled in the merger in exchange for a cash payment equal to of the number of restricted stock units outstanding times the $97.50 per share merger consideration.
/s/ Ruth M. Timm, Attorney-in-Fact
2017-03-22