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KAPSTONE PAPER & PACKAGING CORP 4

Accession 0001140361-08-016682

CIK 0001325281operating

Filed

Jul 7, 8:00 PM ET

Accepted

Jul 8, 4:36 PM ET

Size

11.8 KB

Accession

0001140361-08-016682

Insider Transaction Report

Form 4
Period: 2008-07-08
Transactions
  • Other

    Common Stock Warrants (Right to Buy)

    2008-07-0866,000965,755 total(indirect: See Note)
    Exercise: $5.00From: 2007-01-01Exp: 2009-08-15Common Stock (66,000 underlying)
  • Other

    Common Stock

    2008-07-0833,0002,658,858 total(indirect: See Note)
FELDMAN ROGER
10% Owner
Transactions
  • Other

    Common Stock

    2008-07-0833,0002,658,858 total(indirect: See Note)
  • Other

    Common Stock Warrants (Right to Buy)

    2008-07-0866,000965,755 total(indirect: See Note)
    Exercise: $5.00From: 2007-01-01Exp: 2009-08-15Common Stock (66,000 underlying)
Footnotes (5)
  • [F1]Roger Feldman and Harvey Hanerfeld (the "Reporting Persons") are the sole managing members of West Creek Capital, LLC, a Delaware limited liability company (formerly West Creek Capital, L.P., a Delaware limited partnership) that is the investment adviser to (i) West Creek Partners Fund L.P., a Delaware limited partnership ("Partners Fund"), (ii) WC Select L.P., a Delaware limited partnership ("Select"), (iii) Cumberland Investment Partners, L.L.C., a Delaware limited liability company ("Cumberland"), and (iv) certain private accounts (the "Accounts"). On July 8, 2008, the management agreement between one of the Accounts and West Creek was terminated (the "Termination"). As a result of the Termination, 33,000 units consisting of 33,000 shares of Common Stock and 66,000 Common Stock Warrants are no longer managed by West Creek, and effective with the Termination the Reporting Persons no longer exercise voting or investment control over such securities.
  • [F2]Reported transaction not a sale, so no cash consideration involved. See note 1.
  • [F3]Included are 18,000 shares of Common Stock that are held as a component of 18,000 units and are being reported here per Instruction 4(c)(iv)
  • [F4]Included are 36,000 Common Stock Warrants that are held as a component of 18,000 units and are being reported here per Instruction 4(c)(iv)
  • [F5]These securities are held directly by Partners Fund, Select, Cumberland, or one of the Accounts for the benefit of their respective partners, members or owners. The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Documents

1 file

Issuer

KAPSTONE PAPER & PACKAGING CORP

CIK 0001325281

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001325281

Filing Metadata

Form type
4
Filed
Jul 7, 8:00 PM ET
Accepted
Jul 8, 4:36 PM ET
Size
11.8 KB