SEC Form 4 · accession 0001209191-18-017508
Koppers Holdings Inc. · KOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jianzhong Zhu
Officer — VP, China Operations
Period of report
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 7:13 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 Stock | Mar 2, 2018 | A | 1,100 | $0.00 | A | 13,113 | D | |
| Common StockF1 | Mar 2, 2018 | M | 243 | $0.00 | A | 13,356 | D | |
| Common StockF2 | Mar 2, 2018 | A | 12,268 | $0.00 | A | 25,624 | D | |
| Common StockF3,F4,F5 | Mar 2, 2018 | F | 3,647 | $41.60 | D | 21,976 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Rights to Buy)F6 | $41.60 | Mar 2, 2018 | A | 4,199 | A | — | Mar 2, 2028 | Common Stock | 4,199 | 4,199 | D |
| Restricted Stock UnitsF1,F7 | — | Mar 2, 2018 | M | 243 | A | — | — | Common Stock | 243 | 732 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Represents previously granted performance share units for which the performance criteria for the three-year performance period of 2015 through 2017 have been satisfied.
- F3Shares surrendered to the issuer by the reporting person as payment for the tax withholding related to the vesting of time-based and performance-based restricted stock units.
- F4Includes 292 shares of Koppers Holdings Inc. common stock acquired pursuant to the Koppers Holdings Inc. Employee Stock Purchase Plan ("ESPP") as of December 29, 2017, the date of the latest available statement of the reporting person's ESPP Holdings. These acquisitions were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
- F5Reflects adjustment of fractional shares in accordance with issuer's Amended and Restated 2005 Long Term Incentive Plan.
- F6The reporting person was granted stock options on March 2, 2018, which will vest in four equal annual installments, with the first installment vesting on March 2, 2019.
- F7On March 3, 2017, the reporting person was granted restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.