SULLIVAN FRANK C 4
4 · RPM INTERNATIONAL INC/DE/ · Filed Jul 22, 2024
Insider Transaction Report
Form 4
SULLIVAN FRANK C
DirectorChairman and CEO
Transactions
- Award
Common Stock, $0.01 par value
2024-07-18+11,140→ 1,036,212 total - Tax Payment
Common Stock, $0.01 par value
2024-07-18−8,089→ 1,048,421 total - Award
Stock Appreciation Rights
2024-07-18+85,100→ 1,221,100 totalExercise: $114.26Exp: 2034-07-18→ Common Stock (85,100 underlying) - Tax Payment
Common Stock, $0.01 par value
2024-07-21$112.47/sh−9,381$1,055,081→ 1,039,040 total - Award
Common Stock, $0.01 par value
2024-07-18+20,298→ 1,056,510 total
Holdings
- 5,061(indirect: By 401(k))
Common Stock, $0.01 par value
- 15,600(indirect: By Trust)
Common Stock, $0.01 par value
- 3,000(indirect: As custodian for son)
Common Stock, $0.01 par value
Footnotes (7)
- [F1]The Reporting Person was granted 11,140 shares of Common Stock, issued as Peformance Earned Restricted Stock, pursuant to the RPM International Inc. 2014 Omnibus Equity and Incentive Plan (the "Plan").
- [F2]On July 18, 2024, a portion of the Reporting Person's Performance Stock Units previously granted in 2020 pursuant to the Plan vested. In accordance with the Plan, the Reporting Person disposed of 8,089 shares of Common Stock back to the Issuer to satisfy tax obligations of the Reporting Person.
- [F3]On July 21, 2024, 21,150 shares of Common Stock issued to the Reporting Person as Performance Earned Restricted Stock pursuant to the Plan vested. In accordance with the Plan, the Reporting Person disposed of 9,381 shares of Common Stock back to the Issuer to satisfy tax obligations of the Reporting Person.
- [F4]Includes an aggregate of 1,844 shares of Common Stock issued pursuant to the Plan, 28,467 vested restricted shares of Common Stock held in escrow in the 1997 RPM International Inc. Restricted Stock Plan, 102,136 vested restricted shares of Common Stock held in escrow until the Reporting Person's retirement, and 21,540 shares of Common Stock, issued as Performance Earned Restricted Stock, pursuant to the Plan.
- [F5]Approximate number of shares of Common Stock held as of July 18, 2024 in the account of the Reporting Person by Fidelity Trust Management Company, as Trustee of the RPM International Inc. 401(k) Trust and Plan, as amended.
- [F6]The Stock Appreciation Rights vest in four equal installments, beginning on July 18, 2025.
- [F7]Stock Appreciation Rights granted pursuant to the Plan in exempt transactions under Rule 16b-3. These Stock Appreciation Rights vest in four equal annual installments commencing one year after the date of grant. These Stock Appreciation Rights were granted between 2018 and 2024 and expire 10 years from the date of grant.