Jason K. Greene - Nov 20, 2023 Form 4 Insider Report for BERRY GLOBAL GROUP, INC. (BERY)

Role
Chief Legal Officer
Signature
Jason K. Greene
Stock symbol
BERY
Transactions as of
Nov 20, 2023
Transactions value $
-$878,098
Form type
4
Date filed
11/22/2023, 05:00 PM
Previous filing
Jul 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BERY Common Stock Options Exercise $704K +24.5K +9792% $28.75 24.7K Nov 21, 2023 Direct
transaction BERY Common Stock Sale -$1.58M -24.5K -98.99% $64.62 250 Nov 21, 2023 Direct F3

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) Award $0 +28.2K +6.4% $0.00 470K Nov 20, 2023 Common Stock 28.2K $64.62 Direct F1
transaction BERY Employee Stock Option (Right to Buy) Options Exercise $0 -24.5K -5.21% $0.00 445K Nov 21, 2023 Common Stock 24.5K $28.75 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted under the 2015 Long-Term Incentive Plan. Options vest 25% on each of the first four anniversaries of the date of grant, subject to the terms and conditions of the plan and award agreement.
F2 Granted under the 2012 Long-Term Incentive Plan. Options vest 20% on each of the first five anniversaries of the date of grant, subject to the terms and conditions of the plan and award agreement.
F3 Weighted average from 68 transactions with prices ranging from $64.32 to $64.97 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.