SEC Form 4 · accession 0001644440-16-000125
GCP Applied Technologies Inc. · GCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Saber Zain Mahmood
Officer — President, SBM and Global Ops
Period of report
Feb 4, 2016
Accepted (ET)
Feb 8, 2016 · 7:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001644440
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3,F4,F5 | — | Feb 4, 2016 | A | 10,157 | A | — | — | Common Stock | 10,157 | 10,157 | D |
Explanation of responses
- F1Acquired on February 4, 2016 pursuant to the Employee Matters Agreement as described in the Remarks below.
- F2Acquired pursuant to adjustments of previous W. R. Grace & Co. restricted stock units ("RSUs") in accordance with the Employee Matters Agreement. Pursuant to the GCP 2016 Stock Incentive Plan each RSU represents a contingent right to receive one share of GCP common stock.
- F3Each RSU represents a contingent right to receive one share of GCP common stock.
- F4The RSUs vest in one installment on November 30, 2017.
- F5Not Applicable
Remarks
The terms of each of the reporting person's outstanding W. R. Grace & Co. ("Grace") options and restricted stock unit awards were adjusted pursuant to the Employee Matters Agreement among Grace, W. R. Grace & Co.-Conn. and GCP Applied Technologies Inc. ("GCP") relating to the February 3, 2016 distribution by Grace to its stockholders of all of the outstanding shares of the common stock of GCP. All information regarding options and restricted stock unit awards is shown on this Form 4 on a post-adjustment basis.