Timothy R. Kinser - Jul 19, 2023 Form 4 Insider Report for RPM INTERNATIONAL INC/DE/ (RPM)

Role
VP-Operations
Signature
/s/ Timothy R. Kinser, by Gregory J. Dziak, his attorney-in-fact pursuant to Power of Attorney dated October 14, 2021 on file with the Commission.
Stock symbol
RPM
Transactions as of
Jul 19, 2023
Transactions value $
-$116,420
Form type
4
Date filed
7/21/2023, 04:42 PM
Previous filing
Jun 2, 2023
Next filing
Jul 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPM Common Stock, $0.01 par value Award $0 +1.01K +5.64% $0.00 18.9K Jul 19, 2023 Direct F1
transaction RPM Common Stock, $0.01 par value Award $0 +2.7K +14.26% $0.00 21.6K Jul 19, 2023 Direct F2
transaction RPM Common Stock, $0.01 par value Award $0 +3.75K +17.33% $0.00 25.4K Jul 19, 2023 Direct F3
transaction RPM Common Stock, $0.01 par value Tax liability -$116K -1.25K -4.9% $93.51 24.1K Jul 19, 2023 Direct F3, F4

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 Award $0 +20.8K +104% $0.00 40.8K Jul 19, 2023 Common Stock 20.8K $93.51 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted 1,011 shares of Common Stock, issued pursuant to the RPM International Inc. 2014 Omnibus Equity and Incentive Plan (the "Plan").
F2 The reporting person was granted 2,700 shares of Common Stock, issued as Performance Earned Restricted Stock, pursuant to the Plan.
F3 On July 19, 2023, all of the Reporting Person's Performance Stock Units previously granted in 2020 pursuant to the Plan vested. In accordance with the Plan, the Reporting Person disposed of 1,245 shares of Common Stock back to the Issuer to satisfy tax obligations of the Reporting Person.
F4 Includes an aggregate of 4,150 shares of Common Stock issued pursuant to the Plan, 478 vested restricted shares of Common Stock held in escrow until the Reporting Persons' retirement and 9,300 shares of Common Stock issued as Performance Earned Restricted Stock pursuant to the Plan.
F5 The Stock Appreciation Rights vest in four equal installments, beginning on July 19, 2024.
F6 Stock Appreciation Rights granted pursuant to the Plan in an exempt transaction 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 in 2022 and 2023 and expire 10 years from the date of grant.