Evan Bayh - Oct 27, 2023 Form 4 Insider Report for BERRY GLOBAL GROUP, INC. (BERY)

Role
Director
Signature
Jason K. Greene
Stock symbol
BERY
Transactions as of
Oct 27, 2023
Transactions value $
-$469,980
Form type
4
Date filed
10/27/2023, 05:19 PM
Previous filing
Oct 4, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BERY Common Stock Options Exercise $294K +14K +51.36% $21.00 41.3K Oct 27, 2023 Direct
transaction BERY Common Stock Sale -$764K -14K -33.93% $54.57 27.3K Oct 27, 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 Stock Options (Right to Buy) Options Exercise $0 -14K -16.59% $0.00 70.4K Oct 27, 2023 Common Stock 14K $21.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Weighted average from 131 transactions with prices ranging from $54.25 to $55.11 per share. Upon request by the Commission Staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares purchased at each separate price.
F2 Granted under the 2012 Equity Incentive Plan. Options fully vested.