SEC Form 4 · accession 0001127602-15-012825
KAPSTONE PAPER & PACKAGING CORP · KS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael John Murphy
Officer — Vice President - Finance
Period of report
Mar 26, 2015
Accepted (ET)
Mar 30, 2015 · 7:53 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 StockF1,F2 | Mar 26, 2015 | A | 2,414 | $0.00 | A | 2,828 | 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)F3,F4 | $31.89 | Mar 26, 2015 | A | 7,638 | A | — | Mar 26, 2025 | Common Stock | 7,638 | 7,638 | D |
Explanation of responses
- F1The restricted stock units vest in their entirety on the third anniversary of the grant date.
- F2Each restricted stock unit represents a contingent right to receive one share of KapStone common stock. The restricted stock units vest in their entirety on the third anniversary of the grant date.
- F3Represents options granted pursuant to the KapStone Paper and Packaging 2014 Incentive Plan.
- F4The options vest 50% on the second anniversary of the grant date and 50% of the third anniversary of the grant date.