4//SEC Filing
Skrovanek Daniel J 4
Accession 0000950170-24-003157
CIK 0001315257other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 7:43 PM ET
Size
24.3 KB
Accession
0000950170-24-003157
Insider Transaction Report
Form 4
Skrovanek Daniel J
VP, Growth and Innovation
Transactions
- Award
Restricted Stock Units
2024-01-04+676→ 827 total→ Common Stock (676 underlying) - Exercise/Conversion
Common Stock
2024-01-05+1,240→ 33,394.366 total - Award
Restricted Stock Units
2024-01-04+930→ 930 total→ Common Stock (930 underlying) - Award
Dividend Equivalent Rights
2024-01-04+21→ 131 total→ Common Stock (21 underlying) - Tax Payment
Common Stock
2024-01-05$47.32/sh−1,936$91,612→ 31,503.366 total - Award
Restricted Stock Units
2024-01-04+632→ 1,240 total→ Common Stock (632 underlying) - Exercise/Conversion
Restricted Stock Units
2024-01-05−1,240→ 0 total→ Common Stock (1,240 underlying) - Exercise/Conversion
Dividend Equivalent Rights
2024-01-05−45→ 86 total→ Common Stock (45 underlying) - Award
Common Stock
2024-01-04+1,818→ 32,154.366 total - Exercise/Conversion
Common Stock
2024-01-05+45→ 33,439.366 total
Footnotes (11)
- [F1]The reporting person was awarded time-based restricted stock units on January 4, 2024, which will vest in annual installments of one-third each over three years.
- [F10]Represents previously granted performance share units for which the performance criteria for the three-year performance period from January 1, 2021 through December 31, 2023 have been satisfied, as reported in Table II above.
- [F11]These DERs were released in connection with the vesting of RSUs and PSUs granted on January 4, 2021, January 4, 2022, and January 4, 2023. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
- [F2]Includes 456 shares of Koppers Holdings Inc. common stock acquired pursuant to the Koppers Holdings Inc. Employee Stock Purchase Plan on March 31, 2023, June 30, 2023, September 30, 2023, and December 31, 2023. These acquisitions were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
- [F3]Restricted stock units convert into common stock on a one-for-one basis.
- [F4]Represents shares acquired upon release of dividend equivalent rights ("DERs"), as reported in Table II, on a one-for-one basis.
- [F5]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") and performance share units ("PSUs").
- [F6]On January 4, 2021, the reporting person was granted PSUs for which the performance criteria for the three-year performance period from January 1, 2021 through December 31, 2023 have been satisfied.
- [F7]On January 4, 2022, the reporting person was granted PSUs for which the performance criteria for the two-year performance period from January 1, 2022 through December 31, 2023 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.
- [F8]On January 4, 2023, the reporting person was granted PSUs for which the performance criteria for the one-year performance period from January 1, 2023 through December 31, 2023 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.
- [F9]The DERs accrued with respect to additional PSUs credited to the reporting person with respect to PSUs granted on January 4, 2021, January 4, 2022, and January 4, 2023. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
Documents
Issuer
Koppers Holdings Inc.
CIK 0001315257
Entity typeother
Related Parties
1- filerCIK 0001915043
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 7:43 PM ET
- Size
- 24.3 KB