SEC Form 4 · accession 0001644440-18-000087
GCP Applied Technologies Inc. · GCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall S. Dearth
Officer — President and COO
Period of report
Sep 1, 2018
Accepted (ET)
Sep 5, 2018 · 4:04 pm EDT
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 StockF1 | Sep 1, 2018 | A | 52,579 | $0.00 | A | 52,579 | D |
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)F2 | $25.20 | Sep 1, 2018 | A | 37,937 | A | — | Sep 1, 2028 | Common Stock | 37,937 | 37,937 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents the right to receive one share of GCP common stock. RSUs vest in substantially equal installments on each of the first, second, and third anniversary of the grant date and are settled in shares of GCP common stock upon vesting.
- F2Options become exercisable in substantially equal installments on each of the first, second and third anniversary of the grant date.