John L. O'Neal - Aug 18, 2022 Form 4 Insider Report for WestRock Co (WRK)

Role
President, Global Paper
Signature
Stephanie W. Bignon (attorney-in-fact pursuant to power of attorney filed herewith)
Stock symbol
WRK
Transactions as of
Aug 18, 2022
Transactions value $
-$35,745
Form type
4
Date filed
8/22/2022, 05:23 PM
Previous filing
Feb 9, 2022
Next filing
Jan 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRK Common Stock Options Exercise $184K +5.17K +11.17% $35.64 51.5K Aug 18, 2022 Direct F1
transaction WRK Common Stock Sale -$220K -5.17K -10.05% $42.55 46.3K Aug 18, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WRK Employee Stock Option (right to buy) Options Exercise $0 -5.17K -100% $0.00* 0 Aug 18, 2022 Common Stock 5.17K $35.64 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Prior Form 4 inadvertently reflected options in Table 1. Effective May 31, 2022, the Issuer eliminated the WestRock Company Stock Fund as an investment alternative available under its 401(k) plan. As a result, the approximately 566 shares of WestRock Company common stock the Reporting Person previously reported as beneficially owned under the plan were liquidated.
F2 Option vested in three equal installments on each anniversary of the January 25, 2013 grant date.