Leslie S. Hyde - Sep 18, 2023 Form 4 Insider Report for Koppers Holdings Inc. (KOP)

Signature
/s/Stephanie L. Apostolou, Attorney in Fact
Stock symbol
KOP
Transactions as of
Sep 18, 2023
Transactions value $
-$239,475
Form type
4
Date filed
9/19/2023, 04:33 PM
Previous filing
Sep 5, 2023
Next filing
Dec 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KOP Common Stock Options Exercise $184K +10.5K +20.74% $17.57 60.8K Sep 18, 2023 Direct
transaction KOP Common Stock Sale -$361K -8.97K -14.74% $40.31 51.9K Sep 18, 2023 Direct F1
transaction KOP Common Stock Sale -$61.7K -1.49K -2.86% $41.52 50.4K Sep 18, 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 -10.5K -100% $0.00* 0 Sep 18, 2023 Common Stock 10.5K $17.57 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 $40.00 to $40.79, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the issuer or any security holder, 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 $41.11 to $41.86, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the issuer or any security holder, upon request, full information regarding the number of shares sold at each separate price.
F3 The reporting person was granted stock options on March 3, 2015, which vested in annual installments of 25 percent over four years.