SEC Form 4 · accession 0001321646-17-000139
Kraton Corp · KRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Leo Simmons
Officer — SVP, General Counsel & Sec.
Period of report
Oct 27, 2017
Accepted (ET)
Oct 27, 2017 · 9:01 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 | Oct 27, 2017 | M | 3,558 | $28.42 | A | 25,000 | D | |
| Common StockF1 | Oct 27, 2017 | S | 3,558 | $47.18 | D | 21,442 | D | |
| Common Stock | Oct 27, 2017 | M | 3,392 | $37.11 | A | 24,834 | D | |
| Common StockF2,F3 | Oct 27, 2017 | S | 3,392 | $47.61 | D | 21,442 | 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)F4 | $28.42 | Oct 27, 2017 | M | 3,558 | D | — | Mar 5, 2022 | Common Stock | 3,558 | 0 | D |
| Employee Options (Right to Buy)F5 | $37.11 | Oct 27, 2017 | M | 3,392 | D | — | Mar 7, 2021 | Common Stock | 3,392 | 0 | D |
Explanation of responses
- F1All shares of common stock were sold at an exact price of $47.1795.
- F2The price in column 4 is a weighted average. The prices actually received ranged from $47.6116 to $47.6118. For all transactions reported in this Form 4 utilizing a weighted average price, 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.
- F3Since the date of the reporting person's last ownership report, Mr. Simmons transferred 1,206 shares of common stock of Kraton Corporation to his former spouse pursuant to a domestic relations order.
- F4The options became exerciseable in equal installments on each of the first three anniversaries of March 5, 2012.
- F5The options became exerciseable in equal installments on each of the first three anniversaries of March 7, 2011.