Xudong Feng - Mar 25, 2024 Form 4 Insider Report for Koppers Holdings Inc. (KOP)

Role
Director
Signature
/s/Stephanie L. Apostolou, Attorney-in-Fact
Stock symbol
KOP
Transactions as of
Mar 25, 2024
Transactions value $
$0
Form type
4
Date filed
3/27/2024, 04:31 PM
Previous filing
Sep 13, 2023
Next filing
May 6, 2024

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 Dividend Equivalent Rights Award $0 +7.97 +10.89% $0.00 81.1 Mar 25, 2024 Common Stock 7.97 Direct F1, F2, F3
transaction KOP Dividend Equivalent Rights Award $0 +20 +24.65% $0.00 101 Mar 25, 2024 Common Stock 20 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The dividend equivalent rights ("DERs") accrued with respect to additional time-based restricted stock units ("RSUs") credited to the reporting person with respect to deferred compensation. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
F2 Once released, the RSUs corresponding to these DERs will become payable according to the election of payment designation that was filed by the reporting person subject to the Koppers Holdings Inc. Director Deferred Compensation Plan (the "Plan"). Such payment will be either lump sum or in annual installments commencing on the May 31st next following the reporting person's separation from service (as defined under the Plan) or, if later, and elected by the reporting person at the time he/she first elects to defer any payment under the Plan, May 31st of the year specified by the reporting person.
F3 Includes 8.365 DERs that inadvertently were not previously reported.
F4 The DERs accrued with respect to additional RSUs credited to the reporting person with respect to RSUs granted on May 4, 2023. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.