Mark W. Miles - 07 Mar 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
07 Mar 2023
Net transactions value
-$1,064,706
Form type
4
Filing time
08 Mar 2023, 16:35:28 UTC
Previous filing
29 Nov 2022
Next filing
07 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BERY Common Stock Options Exercise $1,260,000 +60,000 +240% $21.00 85,000 07 Mar 2023 Direct
transaction BERY Common Stock Sale $2,324,706 -37,942 -45% $61.27 47,058 07 Mar 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 +60,000 +7% $0.000000 916,672 07 Mar 2023 Common Stock 60,000 $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 101 transactions with prices ranging from $61.00 to $61.72 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, due to expire in November 2023, to acquire 60,000 shares pursuant to a cashless exercise. ?37,942 shares were sold to cover the option exercise price and tax withholding obligations, and 22,058 shares were added to Mr. Miles' owned shares.