Sec Form 4 Filing - POWERS JOHN J @ AEP INDUSTRIES INC - 2016-01-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
POWERS JOHN J
2. Issuer Name and Ticker or Trading Symbol
AEP INDUSTRIES INC [ AEPI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and COO
(Last) (First) (Middle)
95 CHESTNUT RIDGE ROAD
3. Date of Earliest Transaction (MM/DD/YY)
01/29/2016
(Street)
MONTVALE, NJ07645
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/29/2016 S 375 D $ 81.75 ( 1 ) 24,254 I 2012 Lauren Powers Trust for benefit of Son ( 2 )
Common Stock 27,563 ( 3 ) D
Common Stock 145,411 I By Spouse
Common Stock 19,629 I 2012 Lauren Powers trust for benefit of Son ( 2 )
Common Stock 24,629 I 2012 Lauren Powers trust for benefit of Son ( 2 )
Common Stock 24,629 I 2012 Lauren Powers trust for benefit of daughter ( 2 )
Common Stock 4,390 I ESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
POWERS JOHN J
95 CHESTNUT RIDGE ROAD
MONTVALE, NJ07645
X President and COO
Signatures
/s/ John F. Hughes, Jr., Attorney-in-Fact 02/02/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares were sold at prices ranging from $81.49 to $81.97 per share. Upon request by the SEC staff, the issuer, or any security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
( 2 )The 2012 Lauren Powers Trusts for the benefit of her children were established by Mrs. Powers with Mr. Powers as trustee. The reporting person disclaims beneficial ownership of these securities except to his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
( 3 )An additional 3,982 shares of common stock have been deducted from total holdings since the last Form 4 filing due to the insider's election to receive cash in lieu of shares upon the vesting of performance units on January 5, 2016, January 6, 2016, January 7, 2016 and January 13, 2016.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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