SEC Form 4 · accession 0001127602-18-031712
KAPSTONE PAPER & PACKAGING CORP · KS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger W Stone
Officer — Executive Chairman · Director
Period of report
Oct 30, 2018
Accepted (ET)
Nov 1, 2018 · 7:12 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 | 92,192 | $4.68 | A | 3,445,611 | D | |
| Common Stock | Oct 30, 2018 | F | 47,711 | $34.985 | D | 3,397,900 | D | |
| Common Stock | Oct 30, 2018 | M | 116,646 | $7.305 | A | 3,514,546 | D | |
| Common Stock | Oct 30, 2018 | F | 65,241 | $34.985 | D | 3,449,305 | 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 | $4.68 | Oct 30, 2018 | M | 92,192 | D | — | May 27, 2020 | Common Stock | 92,192 | 0 | D |
| Stock Option (Right to Buy)F3 | $7.305 | Oct 30, 2018 | M | 116,646 | D | — | Mar 3, 2021 | Common Stock | 116,646 | 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 50% on the third anniversary of the grant date. They were granted on May 27, 2010.
- 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 March 3, 2011.