Filing Details

Accession Number:
0001408287-10-000122
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-12 13:00:00
Reporting Period:
2010-08-10
Filing Date:
2010-08-12
Accepted Time:
2010-08-12 06:41:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1408287 Zep Inc. ZEP Specialty Cleaning, Polishing And Sanitation Preparations (2842) 260783366
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1274568 A Philip Theodore 1310 Seaboard Industrial Blvd. Nw
Atlanta GA 30318
Vp, Gen. Counsel & Corp. Sec. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-08-10 12,000 $18.41 13,366 No 4 P Direct
Common Stock Acquisiton 2010-08-10 12,068 $0.00 25,434 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 A Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.40 to $18.42, inclusive. The Reporting Person undertakes to provide to Zep Inc., any security holder of Zep Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
  2. These shares were awarded pursuant to a stock matching program approved by the Issuer on June 24, 2010, to be effective upon the Reporting Person's date of hire, July 19, 2010. The program allows the Reporting Person to receive a restricted stock award for each share of Zep common stock purchased during a 12-month period with a value not to exceed $225,000. The restricted shares awarded will be issued pursuant to to the terms and conditions of the Issuer's Omnibus Incentive Plan and vest ratably over a 4-year period beginning on the first anniversary of the grant date, August 10, 2010.
  3. The total direct shares shown includes 13,434 time-vesting restricted shares.