SEC Form 4 · accession 0001321646-16-000259
Kraton Corp · KRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melinda Scissors Conley
Officer — VP & Chief HR Officer
Period of report
Aug 11, 2016
Accepted (ET)
Aug 12, 2016 · 12:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001321646
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 11, 2016 | M | 16,002 | $24.14 | A | 38,264 | D | |
| Common StockF1 | Aug 11, 2016 | S | 16,002 | $33.20 | D | 22,262 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Options (Right to Buy)F2 | $24.14 | Aug 11, 2016 | M | 16,002 | D | — | May 3, 2022 | Common Stock | 16,002 | 0 | D |
Explanation of responses
- F1The price in column 4 is a weighted average. The prices actually received ranged from $33.16 to $33.25. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
- F2The option vested with respect to one-third of the underlying common stock on each of the first three anniversaries of the grant date, May 3, 2012, and were subject to the executive's being employed by the company on such vesting date.