Stephanie L. Apostolou - 03 Jan 2025 Form 4 Insider Report for Koppers Holdings Inc. (KOP)

Signature
/s/Stephanie L. Apostolou
Issuer symbol
KOP
Transactions as of
03 Jan 2025
Net transactions value
-$180,487
Form type
4
Filing time
07 Jan 2025, 16:03:50 UTC
Previous filing
18 Dec 2024
Next filing
17 Dec 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KOP Common Stock Award $0 +13,628 +40% $0.000000 47,662 03 Jan 2025 Direct F1, F2
transaction KOP Common Stock Options Exercise +6,867 +14% 54,529 03 Jan 2025 Direct F3
transaction KOP Common Stock Options Exercise $0 +210 +0.39% $0.000000 54,739 03 Jan 2025 Direct F4
transaction KOP Common Stock Tax liability $180,487 -5,690 -10% $31.72 49,049 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 +2,630 +62% $0.000000 6,867 03 Jan 2025 Common Stock 2,630 Direct F3, F6
transaction KOP Restricted Stock Units Award $0 +1,439 +69% $0.000000 3,513 03 Jan 2025 Common Stock 1,439 Direct F3, F7
transaction KOP Dividend Equivalent Rights Award $0 +69 +28% $0.000000 314 03 Jan 2025 Common Stock 69 Direct F8
transaction KOP Restricted Stock Units Options Exercise $0 -6,867 -100% $0.000000 0 03 Jan 2025 Common Stock 6,867 Direct F3, F9
transaction KOP Dividend Equivalent Rights Options Exercise $0 -210 -67% $0.000000 104 03 Jan 2025 Common Stock 210 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 495 shares of Koppers Holdings Inc. common stock acquired pursuant to the Koppers Holdings Inc. Employee Stock Purchase Plan on March 28, 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.