SEC Form 4 · accession 0001628280-18-000160
GCP Applied Technologies Inc. · GCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory E Poling
Officer — President and CEO · Director
Period of report
Jan 4, 2018
Accepted (ET)
Jan 5, 2018 · 10:08 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001644440
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 4, 2018 | M | 36,686 | $15.36 | A | 81,151 | D | |
| Common StockF1,F2 | Jan 4, 2018 | S | 26,233 | $32.91 | D | 54,918 | D | |
| Common Stock | holding | — | — | — | 141,341 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (rights to buy)F3 | $15.36 | Jan 4, 2018 | M | 36,686 | D | — | May 2, 2018 | Common Stock | 36,686 | 0 | D |
Explanation of responses
- F1Exercised pursuant to an existing 10b5-1 trading plan. The reporting Person retained all shares net of shares sold to cover the exercise cost and tax withholding.
- F2The price reported is the weighted average price. Shares were sold in multiple transactions at prices ranging from $32.9 to $33.05. The Reporting Person will provide, upon request, by the Commission Staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- F3Options became exercisable in three substantially equal tranches on May 2, 2014, May 1, 2015 and May 2, 2016.