Douglas A. Milroy Form 4 G&K SERVICES / Douglas A. Milroy ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Milroy Douglas A.

(Last) (First) (Middle)

5995 OPUS PARKWAY

(Street)

MINNETONKA MN 55343

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
G&K SERVICES INC [ GK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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
Class A Common Stock	08/20/2015		A		18,200(1)	A	(2)	268,653	D
Class A Common Stock	08/20/2015		D		24,000(3)	D	(3)	244,653	D
Class A Common Stock	08/20/2015		F		20,042(4)	D	$71.15	224,611	D
Class A Common Stock	08/21/2015		F		1,677(5)	D	$70.3	222,934	D
Class A Common Stock	08/22/2015		F		2,739(6)	D	$70.3	220,195	D
Class A Common Stock	08/23/2015		F		2,055(7)	D	$70.3	218,140	D

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Employee Stock Option	$71.15	08/20/2015		A		90,341		(8)	08/20/2025	Class A Common Stock	90,341	$0	90,341	D

Explanation of Responses:

1. Awards are subject to vesting in accordance with the terms of the company's plan.

2. Grant of restricted stock pursuant to Section 16b-3.

3. On August 23, 2012,Mr. Milroy was granted a Performance Stock Award under which he would earn restricted stock if certain performance conditions were met by the end of the company's fiscal 2015 year. Mr. Milroy originally reported the maximum 150,000 shares under the performance stock award. On August 20, 2015, based on the company's fiscal 2015 financial results, Mr. Milroy earned 126,000 of the shares; thus, he forfeited 24,000 shares for failure to meet performance conditions. Of the 126,000 shares earned, 33% immediately vested, 33% will vest at the end of the company's fiscal 2016 year, and 34% will vest at the end of the company's fiscal 2017 year.

4. On August 20, 2015, an aggregate of 41,580 shares of Mr. Milroy's Performance Stock Award vested in accordance with their terms and the terms of the plan under which such shares were issued. Mr. Milroy elected to withhold an aggregate of 20,042 shares to pay the related taxes. As such, the number of shares actually issued was 21,538.

5. On August 21, 2015, an aggregate of 3,479 restricted shares previously issued to Mr. Milroy vested in accordance with their terms and the terms of the plan under which such shares were issued. Mr. Milroy elected to withhold an aggregate of 1,677 shares to pay the related taxes. As such, the number of shares actually issued was 1,802.

6. On August 22, 2015, an aggregate of 5,681 restricted shares previously issued to Mr. Milroy vested in accordance with their terms and the terms of the plan under which such shares were issued. Mr. Milroy elected to withhold an aggregate of 2,739 shares to pay the related taxes. As such, the number of shares actually issued was 2,942.

7. On August 23, 2015, an aggregate of 4,262 restricted shares previously issued to Mr. Milroy vested in accordance with their terms and the terms of the plan under which such shares were issued. Mr. Milroy elected to withhold an aggregate of 2,055 shares to pay the related taxes. As such, the number of shares actually issued was 2,207.

8. Subject to the terms of the company's plan, vests in equal increments over a three year period, commencing on the first anniversary of the date of grant.

	/s/ Jeffrey L. Cotter, Attorney-in-Fact	08/24/2015
	** Signature of Reporting Person	Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.