SEC Form 4 · accession 0001127602-18-031710
KAPSTONE PAPER & PACKAGING CORP · KS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew S Kaplan
Officer — President & CEO · Director
Period of report
Aug 31, 2018
Accepted (ET)
Nov 1, 2018 · 7:08 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 | Aug 31, 2018 | G | 70,000 | — | D | 2,820,273 | D | |
| Common Stock | Oct 30, 2018 | M | 184,384 | $4.68 | A | 3,004,657 | D | |
| Common Stock | Oct 30, 2018 | F | 95,423 | $34.98 | D | 2,909,234 | D | |
| Common Stock | Oct 30, 2018 | M | 116,646 | $7.305 | A | 3,025,880 | D | |
| Common Stock | Oct 30, 2018 | F | 65,241 | $34.985 | D | 2,960,639 | D | |
| Common Stock | holding | — | — | — | 504,172 | I | Family trusts |
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 | $4.68 | Oct 30, 2018 | M | 184,384 | D | — | May 27, 2020 | Common Stock | 184,384 | 0 | D |
| Stock Option (Right to Buy)F4 | $7.305 | Oct 30, 2018 | M | 116,646 | D | — | Mar 3, 2021 | Common Stock | 116,646 | 0 | D |
Explanation of responses
- F1Bona fide gift
- F2Represents a "net exercise" of stock options. These shares were withheld for payment of the exercise price and applicable taxes.
- 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 May 27, 2010.
- F4The 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 March 3, 2011.