SEC Form 4 · accession 0001321646-15-000015
Kraton Corp · KRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lothar Freund
Officer — Vice President
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 2:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001321646
Table I — non-derivative securities
No Table I lines on this filing.
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,F1,F3 | — | Feb 11, 2015 | A | 3,434 | A | — | — | Common Stock | 3,434 | 3,434 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of KRA common stock.
- F2This number of restricted stock units has been determined based upon the satisfaction of a performance condition based upon the achievement of return of capital employed, which was established on the date of grant of 6,540 performance restricted stock units on March 3, 2014.
- F3The award shall vest in full on the third anniversary of the grant date, March 3, 2014, subject to the executive's being continuously employed by the company through the vesting date.