SEC Form 4 · accession 0001127602-18-014472
KAPSTONE PAPER & PACKAGING CORP · KS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan R Furer
Director
Period of report
Mar 19, 2018
Accepted (ET)
Apr 12, 2018 · 5:26 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 | Mar 19, 2018 | G | 425,000 | $0.00 | D | 753,831 | D | |
| Common Stock | Apr 10, 2018 | M | 45,662 | $2.45 | A | 799,493 | D | |
| Common Stock | Apr 10, 2018 | F | 3,228 | $34.66 | D | 796,265 | D | |
| Common Stock | holding | — | — | — | 425,000 | I | Spouse |
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,F3 | $2.45 | Apr 10, 2018 | M | 45,662 | D | — | Apr 10, 2018 | Common Stock | 45,662 | 0 | D |
Explanation of responses
- F1Bona fide gift to spouse
- F2Options automatically exercised prior to expiration
- F3The 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 April 10, 2008.