SEC Form 4 · accession 0001104659-18-065535
KAPSTONE PAPER & PACKAGING CORP · KS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paula H Cholmondeley
Director
Period of report
Oct 30, 2018
Accepted (ET)
Nov 1, 2018 · 9:14 pm EDT
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 | Oct 30, 2018 | M | 5,458 | $22.195 | A | 35,210 | D | |
| Common StockF1 | Oct 30, 2018 | F | 3,464 | $34.98 | D | 31,746 | D | |
| Common Stock | Oct 30, 2018 | M | 1,607 | $15.49 | A | 33,353 | D | |
| Common StockF1 | Oct 30, 2018 | F | 712 | $34.98 | D | 32,641 | 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)F2 | $15.49 | Oct 30, 2018 | M | 1,607 | D | — | Aug 16, 2026 | Common Stock | 1,607 | 1,607 | D |
| Stock Option (Right to Buy)F3 | $22.195 | Oct 30, 2018 | M | 5,458 | D | Mar 7, 2018 | Mar 7, 2027 | Common Stock | 5,458 | 0 | D |
Explanation of responses
- F1Represents a "net exercise" of stock options. These shares were withheld for payment of the exercise price and applicable taxes.
- F2The options vested 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. They were granted on March 18, 2016.
- F3The options vested 100% on the first anniversary of the grant date. They were granted on March 7, 2017.