Mark W. Miles - 06 Jun 2023 Form 4 Insider Report for BERRY GLOBAL GROUP, INC. (BERY)

Signature
Jason K. Greene as attorney in fact
Issuer symbol
BERY
Transactions as of
06 Jun 2023
Net transactions value
-$888,467
Form type
4
Filing time
07 Jun 2023, 17:25:15 UTC
Previous filing
08 Mar 2023
Next filing
17 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BERY Common Stock Options Exercise $1,050,000 +50,000 +106% $21.00 97,058 06 Jun 2023 Direct
transaction BERY Common Stock Sale $1,938,467 -31,602 -33% $61.34 65,456 06 Jun 2023 Direct F1

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 BERY Employee Stock Option (Right to Buy) Options Exercise $0 +50,000 +6.1% $0.000000 866,672 06 Jun 2023 Common Stock 50,000 $21.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Weighted average of 91 transactions with prices ranging from $60.96 to $61.68 per share. Upon request by the Commission Staff, the issuer or the reporting person will undertake to provide full information regarding the number of shares purchased at each separate price.
F2 Fully vested.
F3 Mr. Miles exercised options to acquire 50,000 shares pursuant to a cashless exercise. The number of shares issued by the Company pursuant to such cashless exercise was 18,398.