Mark W. Miles - Mar 7, 2023 Form 4 Insider Report for BERRY GLOBAL GROUP, INC. (BERY)

Role
Chief Financial Officer
Signature
Jason K. Greene as attorney in fact
Stock symbol
BERY
Transactions as of
Mar 7, 2023
Transactions value $
-$1,064,706
Form type
4
Date filed
3/8/2023, 04:35 PM
Previous filing
Nov 29, 2022
Next filing
Jun 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BERY Common Stock Options Exercise $1.26M +60K +240% $21.00 85K Mar 7, 2023 Direct
transaction BERY Common Stock Sale -$2.32M -37.9K -44.64% $61.27 47.1K Mar 7, 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 +60K +7% $0.00 917K Mar 7, 2023 Common Stock 60K $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.