SEC Form 4 · accession 0001209191-17-019071
Koppers Holdings Inc. · KOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A. Sullivan
Officer — SVP Global CM&C
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 7:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001315257
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 3, 2017 | F | 356 | $44.10 | D | 14,284 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Mar 3, 2017 | A | 1,935 | A | — | — | Common Stock | 1,935 | 1,935 | D |
| Employee Stock Options (Rights to Buy)F4 | $44.10 | Mar 3, 2017 | A | 7,152 | A | — | Mar 2, 2027 | Common Stock | 7,152 | 7,152 | D |
Explanation of responses
- F1Shares surrendered to the issuer by the reporting person as payment for tax withholding related to the vesting of time-based restricted stock units ("RSUs").
- F2Each RSU represents a contingent right to receive one share of Koppers Holdings Inc. common stock (the "Common Stock"), or its equivalent cash value.
- F3The reporting person was granted RSUs on March 3, 2017 under the Koppers Holdings Inc. 2005 Long Term Incentive Plan, as Amended and Restated. RSUs vest in four equal annual installments, with the first installment vesting on March 3, 2018. Upon vesting, the RSUs will be paid out in whole shares of Common Stock or cash as may be determined by the Company.
- F4The reporting person was granted stock options on March 3, 2017, which will vest in four equal annual installments, with the first installment vesting on March 3, 2018.