Russell L. Gordon - 14 May 2024 Form 4 Insider Report for RPM INTERNATIONAL INC/DE/ (RPM)

Role
VP and CFO
Signature
/s/ Russell L. Gordon, by Gregory J. Dziak, his attorney-in-fact pursuant to Power of Attorney dated April 4, 2012 on file with the Commission
Issuer symbol
RPM
Transactions as of
14 May 2024
Net transactions value
-$2,077,461
Form type
4
Filing time
16 May 2024, 16:25:46 UTC
Previous filing
25 Jul 2023
Next filing
04 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPM Common Stock, $0.01 par value Options Exercise $1,338,000 +30,000 +25% $44.60 152,161 14 May 2024 Direct
transaction RPM Common Stock, $0.01 par value Disposed to Issuer $1,338,001 -11,773 -7.7% $113.65 140,388 14 May 2024 Direct
transaction RPM Common Stock, $0.01 par value Tax liability $745,771 -6,562 -4.7% $113.65 133,826 14 May 2024 Direct
transaction RPM Common Stock, $0.01 par value Sale $1,331,688 -11,665 -8.7% $114.16 122,161 15 May 2024 Direct F1, 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 RPM Stock Appreciation Rights Options Exercise $0 -30,000 -12% $0.000000 220,800 14 May 2024 Common Stock 30,000 $44.60 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $113.62 - $114.89. The reporting person hereby undertakes, upon request by the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F2 Includes an aggregate of 14,980 shares of Common Stock issued pursuant to the RPM International Inc. 2014 Omnibus Equity and Incentive Plan (the "Plan"), 18,781 vested restricted shares of Common Stock held in escrow until the Reporting Person's retirement, and 8,100 shares of Common Stock, issued as Performance Earned Restricted Stock pursuant to the Plan.
F3 The Stock Appreciation Rights vested on July 21, 2015, 2016, 2017 and 2018..
F4 Stock Appreciation Rights granted pursuant to the Plan in exempt transactions under Rule 16b-3. These Stock Appreciation Rights vest in four equal annual installments commencing one year after the date of grant. These Stock Appreciation Rights were granted between 2015 and 2023 and expire 10 years from the date of grant.