Kevin Fogarty - Mar 15, 2022 Form 4 Insider Report for Kraton Corp (KRA)

Role
President and CEO, Director
Signature
/s/ James L. Simmons As Attorney-in-Fact for Kevin M. Fogarty
Stock symbol
KRA
Transactions as of
Mar 15, 2022
Transactions value $
-$33,918,342
Form type
4
Date filed
3/15/2022, 01:02 PM
Previous filing
Mar 7, 2022
Next filing
May 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRA Common Stock Disposed to Issuer -$31.1M -669K -100% $46.50 0 Mar 15, 2022 Direct F1

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 KRA Employee Options (Right to Buy) Disposed to Issuer -$1.48M -65.1K -100% $22.66 0 Mar 15, 2022 Common Stock 65.1K $23.84 Direct F2
transaction KRA Employee Options (Right to Buy) Disposed to Issuer -$1.35M -73.1K -100% $18.52 0 Mar 15, 2022 Common Stock 73.1K $27.98 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kevin Fogarty is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes approximately 69,576 shares of common stock underlying restricted stock unit awards previously reported in Table I which did not vest and are being cancelled for no consideration.
F2 This option, which provided for vesting in three annual installments beginning March 4, 2014, was canceled in the merger in exchange for a cash payment of $1,457,007.38, representing the difference between the exercise price of the option and the cash price on the effective date of the merger ($46.50 per share).
F3 This option, which provided for vesting in three annual installments beginning March 3, 2015, was canceled in the merger in exchange for a cash payment of $1,352,923.04, representing the difference between the exercise price of the option and the cash price on the effective date of the merger ($46.50 per share).