Jonathan F. Foster - May 2, 2024 Form 4 Insider Report for BERRY GLOBAL GROUP, INC. (BERY)

Role
Director
Signature
Jason K. Greene
Stock symbol
BERY
Transactions as of
May 2, 2024
Transactions value $
-$24
Form type
4
Date filed
5/6/2024, 02:42 PM
Previous filing
Mar 12, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BERY Common Stock Options Exercise $321K +14K +244.41% $22.95 19.7K May 2, 2024 Direct
transaction BERY Common Stock Tax liability -$321K -5.5K -27.9% $58.38 14.2K May 2, 2024 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 Director Stock Option (Right to Buy) Options Exercise $0 -14K -16.05% $0.00 73.2K May 2, 2024 Common Stock 14K $22.95 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. The reporting person received 8,496 shares of common stock on net exercise of an option to purchase 14,000 shares of common stock. The Company withheld 5,504 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on 5/2/2024 of $58.38, pursuant to the terms of the 2012 Long- Term Incentive Plan.
F2 Fully vested.