Kevin J. Kwilinski - Dec 30, 2024 Form 4 Insider Report for BERRY GLOBAL GROUP, INC. (BERY)

Role: Chief Executive Officer, Director
Signature: Jason K. Greene
Stock symbol: BERY
Transactions as of: Dec 30, 2024
Transactions value $: -$88,666
Form type: 4
Date filed: 1/2/2025, 04:31 PM
Previous filing: Nov 25, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BERY	Common Stock	Options Exercise	$2.19M	+36.9K	+103.84%	$59.29	72.5K	Dec 30, 2024	Direct
transaction	BERY	Common Stock	Tax liability	-$2.28M	-35.5K	-48.95%	$64.20	37K	Dec 30, 2024	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	-36.9K	-25%	$0.00	111K	Dec 30, 2024	Common Stock	36.9K	$59.29	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a "net exercise" of outstanding stock options. The reporting person received 1,443 shares of common stock on net exercise of an option to purchase 36,926 shares of common stock. The Company withheld 35,483 shares of common stock underlying the option for payment of the exercise price and withholding taxes, using the closing stock price on 12/30/2024 of $64.20, pursuant to the terms of the 2015 Long-Term Incentive Plan.
F2	Granted under the 2015 Equity Incentive Plan. Options vest on each of the first four anniversaries of the date of grant, subject to the terms and conditions of the plan and award agreement.

Content

Represents a "net exercise" of outstanding stock options. The reporting person received 1,443 shares of common stock on net exercise of an option to purchase 36,926 shares of common stock. The Company withheld 35,483 shares of common stock underlying the option for payment of the exercise price and withholding taxes, using the closing stock price on 12/30/2024 of $64.20, pursuant to the terms of the 2015 Long-Term Incentive Plan.

Granted under the 2015 Equity Incentive Plan. Options vest on each of the first four anniversaries of the date of grant, subject to the terms and conditions of the plan and award agreement.