STEITZ JOHN M 4

4 · TREDEGAR CORP · Filed Dec 23, 2020

Form 4

Period: 2020-12-21

DirectorPresident and CEO

Transactions

Award
Stock Appreciation Right
2020-12-21+21,679→ 815,119 total
Exercise: $14.62From: 2022-03-21Exp: 2024-03-21→ Common Stock (21,679 underlying)
Other
Stock Option (right to buy)
2020-12-21+366,165→ 366,165 total
Exercise: $14.62From: 2022-03-21Exp: 2024-03-21→ Common Stock (366,165 underlying)
Other
Stock Option (right to buy)
2020-12-21+427,275→ 793,440 total
Exercise: $10.75From: 2022-03-18Exp: 2027-03-18→ Common Stock (427,275 underlying)
Award
Stock Appreciation Right
2020-12-21+35,909→ 851,028 total
Exercise: $10.75From: 2022-03-18Exp: 2027-03-18→ Common Stock (35,909 underlying)

Holdings

Footnotes (4)

[F1]On December 18, 2020, the Issuer paid a special dividend of $5.97 per share to all holders of its common stock as of the close of business on December 11, 2020 (the "Special Dividend"). In connection with the Special Dividend, the Executive Compensation Committee of the Issuer's Board of Directors (the "Committee") approved adjustments to the exercise price and number of shares subject to all unexercised stock options to account for the effect of the Special Dividend.
[F2]The original grant was for 273,057 shares with an exercise price of $19.61 per share.
[F3]The original grant was for 318,628 shares with an exercise price of $14.41 per share.
[F4]Reflects a grant of stock appreciation rights made by the Committee to compensate holders for the loss in value of the stock options to which the stock appreciation rights relate as a result of the Special Dividend.

Documents

1 file