Jimmi Sue Smith - 03 Jan 2025 Form 4 Insider Report for Koppers Holdings Inc. (KOP)

Signature
/s/Stephanie L. Apostolou, Attorney in Fact
Issuer symbol
KOP
Transactions as of
03 Jan 2025
Transactions value $
-$196,823
Form type
4
Filing time
07 Jan 2025, 15:54:15 UTC
Previous filing
18 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KOP Common Stock Award $0 +11.3K +40.62% $0.00 39K 03 Jan 2025 Direct F1, F2
transaction KOP Common Stock Options Exercise +7.8K +19.99% 46.8K 03 Jan 2025 Direct F3
transaction KOP Common Stock Options Exercise $0 +234 +0.5% $0.00 47.1K 03 Jan 2025 Direct F4
transaction KOP Common Stock Tax liability -$197K -6.21K -13.19% $31.72 40.9K 03 Jan 2025 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KOP Restricted Stock Units Award $0 +2.99K +62.04% $0.00 7.8K 03 Jan 2025 Common Stock 2.99K Direct F3, F6
transaction KOP Restricted Stock Units Award $0 +1.5K +69.4% $0.00 3.66K 03 Jan 2025 Common Stock 1.5K Direct F3, F7
transaction KOP Dividend Equivalent Rights Award $0 +78 +29.77% $0.00 340 03 Jan 2025 Common Stock 78 Direct F8
transaction KOP Restricted Stock Units Options Exercise $0 -7.8K -100% $0.00 0 03 Jan 2025 Common Stock 7.8K Direct F3, F9
transaction KOP Dividend Equivalent Rights Options Exercise $0 -234 -68.82% $0.00 106 03 Jan 2025 Common Stock 234 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was awarded time-based restricted stock units ("RSUs") on January 3, 2025, which will vest in annual installments of 25 percent over four years.
F2 Includes 478 shares of Koppers Holdings Inc. common stock acquired pursuant to the Koppers Holdings Inc. Employee Stock Purchase Plan on March 28, 2024, June 28, 2024, and September 30, 2024. 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 RSUs and performance share units ("PSUs").
F6 On January 4, 2022, the reporting person was granted PSUs for which the performance criteria for the three-year performance period from January 1, 2022 through December 31, 2024 have been satisfied.
F7 On January 4, 2023, the reporting person was granted PSUs for which the performance criteria for the two-year performance period from January 1, 2023 through December 31, 2024 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.
F8 The DERs accrued with respect to additional PSUs credited to the reporting person with respect to PSUs granted on January 4, 2022 and January 4, 2023. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
F9 Represents previously granted PSUs for which the performance criteria for the three-year performance period from January 1, 2022 through December 31, 2024 have been satisfied, as reported in Table II above.
F10 These DERs were released in connection with the vesting of RSUs and PSUs granted on January 4, 2021, January 4, 2022, January 4, 2023, and January 4, 2024. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.