Form 4 for KOP Koppers Holdings Inc.
Accepted 2025-01-07 00:00:00 ET · period of report 2025-01-03 · accession 0000950170-25-002817 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-01-07 | 2025-01-03 | KOP | BALL M LEROY | CEO, Dir | F - Tax | $31.72 | -32.6K | 363.8K | -8% | -$1.03M |
| DM | 2025-01-07 | 2025-01-03 | KOP | BALL M LEROY | CEO, Dir | M - OptEx | $0.00 | +53.3K | 395.0K | +16% | $0 |
| D | 2025-01-07 | 2025-01-03 | KOP | BALL M LEROY | CEO, Dir | A - Grant | $0.00 | +28.8K | 343.1K | +9% | $0 |
| DM | 2025-01-07 | 2025-01-03 | KOP | BALL M LEROY | CEO, Dir | A - Grant | $0.00 | +40.5K | 51.9K | +355% | $0 |
| DM | 2025-01-07 | 2025-01-03 | KOP | BALL M LEROY | CEO, Dir | M - OptEx | $0.00 | -53.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-01-03 | F | D | 32,609 | $31.72 | 363,798.40 | D | — | — | (F4) Shares surrendered to the issuer by the reporting person as payment for the tax withholding related to the vesting of RSUs and performance share units ("PSUs"). |
| 2 | Common | Common Stock | 2025-01-03 | M | A | 1,392 | $0.00 | 396,407.40 | D | — | — | (F3) Represents shares acquired upon release of dividend equivalent rights ("DERs"), as reported in Table II, on a one-for-one basis. |
| 3 | Common | Common Stock | 2025-01-03 | A | A | 28,816 | $0.00 | 343,141.40 | D | — | — | (F1) The reporting person was awarded time-based restricted stock units ("RSUs") on January 3, 2025, which will vest in annual installments of 25 percent over four years. |
| 4 | Common | Common Stock | 2025-01-03 | M | A | 51,874 | — | 395,015.40 | D | — | — | (F2) Restricted stock units convert into common stock on a one-for-one basis. |
| 5 | Derivative | Restricted Stock Units | 2025-01-03 | A | A | 19,936 | $0.00 | 48,662 | D | — · — to — | 19,936 Common Stock | (F2) Restricted stock units convert into common stock on a one-for-one basis. (F6) On January 4, 2023, the reporting person was granted PSUs for which the performance criteria for the two-year performance period from January 1, 2023 through December 31, 2024 have been satisfied. All of the restricted stock units reported here are subject to vesting based on the continued service of the reporting person through January 5, 2026. If the Company's total shareholder return over the three-year period of January 1, 2023 through December 31, 2025 is negative, then the cumulative number of units that may vest for such three-year period will be capped at 150% of the target number. |
| 6 | Derivative | Dividend Equivalent Rights | 2025-01-03 | A | A | 675 | $0.00 | 2,293 | D | — · — to — | 675 Common Stock | (F7) The DERs accrued with respect to additional PSUs credited to the reporting person with respect to PSUs granted on January 4, 2022 and January 4, 2023. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock. |
| 7 | Derivative | Restricted Stock Units | 2025-01-03 | A | A | 19,862 | $0.00 | 51,874 | D | — · — to — | 19,862 Common Stock | (F2) Restricted stock units convert into common stock on a one-for-one basis. (F5) On January 4, 2022, the reporting person was granted PSUs for which the performance criteria for the three-year performance period from January 1, 2022 through December 31, 2024 have been satisfied. |
| 8 | Derivative | Dividend Equivalent Rights | 2025-01-03 | M | D | 1,392 | $0.00 | 904 | D | — · — to — | 1,392 Common Stock | (F9) These DERs were released in connection with the vesting of RSUs and PSUs granted on January 4, 2021, January 4, 2022, January 4, 2023, and January 4, 2024. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock. (F10) Includes 3 DERs that inadvertently were not previously reported. |
| 9 | Derivative | Restricted Stock Units | 2025-01-03 | M | D | 51,874 | $0.00 | 0 | D | — · — to — | 51,874 Common Stock | (F2) Restricted stock units convert into common stock on a one-for-one basis. (F8) Represents previously granted PSUs for which the performance criteria for the three-year performance period from January 1, 2022 through December 31, 2024 have been satisfied, as reported in Table II above. |