Form 4 for KOP Koppers Holdings Inc.
Accepted 2023-01-09 00:00:00 ET · period of report 2023-01-05 · accession 0001209191-23-002608 · 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 | 2023-01-09 | 2023-01-05 | KOP | Skrovanek Daniel J | VP, Growth, Innovation | F - Tax | $28.58 | -888 | 30.9K | -3% | -$25.4K |
| D | 2023-01-09 | 2023-01-05 | KOP | Skrovanek Daniel J | VP, Growth, Innovation | M - OptEx | $0.00 | +14 | 31.8K | +0.0% | $0 |
| DM | 2023-01-09 | 2023-01-05 | KOP | Skrovanek Daniel J | VP, Growth, Innovation | A - Grant | $0.00 | +396 | 151 | New | $0 |
| D | 2023-01-09 | 2023-01-05 | KOP | Skrovanek Daniel J | VP, Growth, Innovation | M - OptEx | $0.00 | -14 | 66 | -18% | $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 | 2023-01-05 | F | D | 888 | $28.58 | 30,940.30 | D | — | — | (F2) Shares surrendered to the issuer by the reporting person as payment for the tax withholding related to the vesting of time-based restricted stock units ("RSUs"). |
| 2 | Common | Common Stock | 2023-01-05 | M | A | 14 | $0.00 | 31,828.30 | D | — | — | (F1) Represents shares acquired upon release of dividend equivalent rights ("DERs"), as reported in Table II, on a one-for-one basis. |
| 3 | Derivative | Dividend Equivalent Rights | 2023-01-05 | A | A | 2 | $0.00 | 68 | D | — · — to — | 2 Common Stock | (F7) The DERs accrued with respect to additional PSUs credited to the reporting person with respect to PSUs granted on January 4, 2021 and January 4, 2022. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock. |
| 4 | Derivative | Dividend Equivalent Rights | 2023-01-05 | M | D | 14 | $0.00 | 66 | D | — · — to — | 14 Common Stock | (F3) These DERs were released in connection with the vesting of RSUs granted on January 4, 2021 and January 4, 2022. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock. |
| 5 | Derivative | Restricted Stock Units | 2023-01-05 | A | A | 243 | $0.00 | 608 | D | — · — to — | 243 Common Stock | (F4) Restricted stock units represent the right to receive shares of common stock on a one-for-one basis and may be settled in cash or in shares of common stock. (F5) On January 4, 2021, the reporting person was granted performance share units ("PSUs") for which the two-year performance period from January 1, 2021 through December 31, 2022 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, 2024. If the Company's total shareholder return over the three-year period of January 1, 2021 through December 31, 2023 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 | Restricted Stock Units | 2023-01-05 | A | A | 151 | $0.00 | 151 | D | — · — to — | 151 Common Stock | (F4) Restricted stock units represent the right to receive shares of common stock on a one-for-one basis and may be settled in cash or in shares of common stock. (F6) On January 4, 2022, the reporting person was granted PSUs for which the one-year performance period from January 1, 2022 through December 31, 2022 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, 2025. If the Company's total shareholder return over the three-year period of January 1, 2022 through December 31, 2024 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. |