SEC Form 4 · accession 0001644440-19-000032
GCP Applied Technologies Inc. · GCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory E Poling
Officer — CEO · Director
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 4:34 pm 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 StockF1 | Feb 21, 2019 | A | 24,888 | $0.00 | A | 71,630 | D | |
| Common StockF2 | Feb 21, 2019 | A | 26,071 | $0.00 | A | 97,701 | D | |
| Common Stock | Feb 22, 2019 | F | 3,012 | $26.31 | D | 94,689 | D | |
| Common Stock | holding | — | — | — | 231,553 | 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 | $26.37 | Feb 21, 2019 | A | 79,427 | A | — | Feb 20, 2029 | Common Stock | 79,427 | 79,427 | D |
Explanation of responses
- F1Shares issued upon the vesting of performance- based restricted stock units.
- F2Restricted Stock Unit ("RSU") award. Each RSU represents the right to receive one share of GCP common stock. RSU's 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.
- F3Options become exercisable in substantially equal installments on each of the first, second, and third anniversary of the grant date.