Russell L. Gordon - 19 Apr 2023 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
19 Apr 2023
Net transactions value
-$1,472,865
Form type
4
Filing time
21 Apr 2023, 16:20:02 UTC
Previous filing
20 Jul 2022
Next filing
02 Jun 2023
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 $1,014,000 +30,000 +26% $33.80 146,018 19 Apr 2023 Direct
transaction RPM Common Stock, $0.01 par value Disposed to Issuer $1,014,020 -12,223 -8.4% $82.96 133,795 19 Apr 2023 Direct
transaction RPM Common Stock, $0.01 par value Tax liability $487,473 -5,876 -4.4% $82.96 127,919 19 Apr 2023 Direct
transaction RPM Common Stock, $0.01 par value Sale $985,372 -11,901 -9.3% $82.80 116,018 20 Apr 2023 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 230,000 19 Apr 2023 Common Stock 30,000 $33.80 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 $82.6149 - $83.0345. 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 17,835 shares of Common Stock issued pursuant to the Plan, 16,269 vested restricted shares of Common Stock held in escrow until the Reporting Person's retirement, and 9,900 shares of Common Stock, issued as Performance Earned Restricted Stock pursuant to the Plan.
F3 The Stock Appreciation Rights vested on July 18, 2014, 2015, 2016 and 2017.
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 2014 and 2022 and expire 10 years from the date of grant.