Kinser Timothy R. 4
4 · RPM INTERNATIONAL INC/DE/ · Filed Jul 21, 2023
Insider Transaction Report
Form 4
Kinser Timothy R.
VP-Operations
Transactions
- Award
Stock Appreciation Rights
2023-07-19+20,800→ 40,800 totalExercise: $93.51Exp: 2033-07-19→ Common Stock (20,800 underlying) - Award
Common Stock, $0.01 par value
2023-07-19+2,700→ 21,639 total - Award
Common Stock, $0.01 par value
2023-07-19+1,011→ 18,939 total - Award
Common Stock, $0.01 par value
2023-07-19+3,750→ 25,389 total - Tax Payment
Common Stock, $0.01 par value
2023-07-19$93.51/sh−1,245$116,420→ 24,144 total
Footnotes (6)
- [F1]The Reporting Person was granted 1,011 shares of Common Stock, issued pursuant to the RPM International Inc. 2014 Omnibus Equity and Incentive Plan (the "Plan").
- [F2]The reporting person was granted 2,700 shares of Common Stock, issued as Performance Earned Restricted Stock, pursuant to the Plan.
- [F3]On July 19, 2023, all 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 1,245 shares of Common Stock back to the Issuer to satisfy tax obligations of the Reporting Person.
- [F4]Includes an aggregate of 4,150 shares of Common Stock issued pursuant to the Plan, 478 vested restricted shares of Common Stock held in escrow until the Reporting Persons' retirement and 9,300 shares of Common Stock issued as Performance Earned Restricted Stock pursuant to the Plan.
- [F5]The Stock Appreciation Rights vest in four equal installments, beginning on July 19, 2024.
- [F6]Stock Appreciation Rights granted pursuant to the Plan in an exempt transaction 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 in 2022 and 2023 and expire 10 years from the date of grant.