Peter A. Feld - Jun 30, 2021 Form 4 Insider Report for GCP Applied Technologies Inc. (GCP)

Role
Director
Signature
/s/ Peter A. Feld
Stock symbol
GCP
Transactions as of
Jun 30, 2021
Transactions value $
$38,751
Form type
4
Date filed
7/1/2021, 09:44 PM
Previous filing
May 19, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCP Common Stock, $0.01 par value Award $38.8K +1.67K +11.21% $23.26 16.5K Jun 30, 2021 Direct F1
holding GCP Common Stock, $0.01 par value 6.54M Jun 30, 2021 By Starboard Value LP F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitutes deferred shares issued pursuant to the GCP non-employee director compensation program. Shares will be delivered upon the director's departure from the Board, under and subject to the terms of such program.
F2 Starboard Value LP ("Starboard") serves as the investment manager or manager of certain managed accounts and private investment funds (collectively, the "Starboard Accounts"), which hold the securities reported herein and as such may be deemed to beneficially own such securities. The Reporting Person, as a Managing Member of Starboard, may be deemed to beneficially own the securities directly held by the Starboard Accounts for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.