SEC Form 4 · accession 0001104659-17-070202
KAPSTONE PAPER & PACKAGING CORP · KS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea K Tarbox
Officer — Exec. VP and CFO
Period of report
Nov 21, 2017
Accepted (ET)
Nov 22, 2017 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001325281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 21, 2017 | M | 31,000 | $4.68 | A | 157,336 | D | |
| Common Stock | Nov 21, 2017 | S | 25,900 | $20.95 | D | 131,436 | D | |
| Common Stock | Nov 21, 2017 | S | 2,600 | $20.955 | D | 128,836 | D | |
| Common Stock | Nov 21, 2017 | S | 1,100 | $20.96 | D | 127,736 | D | |
| Common Stock | Nov 21, 2017 | S | 1,400 | $20.97 | D | 126,336 | D | |
| Common Stock | Nov 22, 2017 | M | 1,486 | $4.68 | A | 127,822 | D | |
| Common Stock | Nov 22, 2017 | S | 1,486 | $20.95 | D | 126,336 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $4.68 | Nov 21, 2017 | M | 31,000 | D | — | May 27, 2020 | Common Stock | 31,000 | 1,486 | D |
| Stock Option (Right to Buy)F1 | $4.68 | Nov 22, 2017 | M | 1,486 | D | — | May 27, 2020 | Common Stock | 1,486 | 0 | D |
Explanation of responses
- F1The options vested 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date. They were granted on May 27, 2010.