KAPSTONE PAPER & PACKAGING CORP 4
4 · KAPSTONE PAPER & PACKAGING CORP · Filed Mar 9, 2017
Insider Transaction Report
Form 4
Ortiz Patrick W
VP and General Manager
Transactions
- Award
Stock Option (Right to Buy)
2017-03-07+22,472→ 22,472 totalExercise: $22.20Exp: 2027-03-07→ Common Stock (22,472 underlying) - Award
Common Stock
2017-03-07+7,885→ 11,592 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of KapStone common stock. The restricted stock units vest in their entirety on the third anniversary of the grant date.
- [F2]Represents options granted pursuant to the KapStone Paper and Packaging 2016 Incentive Plan.
- [F3]The options vest 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date.