James A. Sullivan - 12 Dec 2023 Form 4 Insider Report for Koppers Holdings Inc. (KOP)

Role: Ex. VP Chief Operating Officer
Signature: /s/Stephanie L. Apostolou, Attorney in Fact
Issuer symbol: KOP
Transactions as of: 12 Dec 2023
Net transactions value: -$547,082
Form type: 4
Filing time: 14 Dec 2023, 16:37:02 UTC
Previous filing: 12 Dec 2023
Next filing: 15 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KOP	Common Stock	Options Exercise	$7,793	+397	+0.42%	$19.63	95,183	12 Dec 2023	Direct
transaction	KOP	Common Stock	Sale	$17,583	-397	-0.42%	$44.29	94,786	12 Dec 2023	Direct	F1
transaction	KOP	Common Stock	Options Exercise	$429,622	+21,886	+23%	$19.63	116,672	13 Dec 2023	Direct
transaction	KOP	Common Stock	Sale	$966,915	-21,866	-19%	$44.22	94,786	13 Dec 2023	Direct	F2

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	Employee Stock Options (Rights to Buy)	Options Exercise	$0	-397	-1.2%	$0.000000	31,367	12 Dec 2023	Common Stock	397	$19.63	Direct	F3
transaction	KOP	Employee Stock Options (Rights to Buy)	Options Exercise	$0	-21,886	-70%	$0.000000	9,481	13 Dec 2023	Common Stock	21,886	$19.63	Direct	F3
transaction	KOP	Dividend Equivalent Rights	Award	$0	+242	+156%	$0.000000	397	12 Dec 2023	Common Stock	242		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.00 to $44.41, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
F2	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.00 to $44.49, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the issuer or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
F3	Stock options vested in annual installments of 25 percent over 4 years.
F4	The dividend equivalent rights ("DERs") accrued with respect to additional time-based and performance-based restricted stock units ("RSUs" and "PSUs", respectively) credited to the reporting person. Of this total, 180 DERs accrued with respect to RSUs granted on March 3, 2020, January 4, 2021, January 4, 2022, and January 4, 2023, and 62 DERs accrued with respect to PSUs granted on January 4, 2021 and January 4, 2022. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.