Kevin Michael Fogarty - 15 Mar 2022 Form 4 Insider Report for Kraton Corp

Reporting relationship: President and CEO, Director
Issuer ticker: N/A
Reported as of: 15 Mar 2022
Net transaction value: -$33,918,342
SEC form: 4
Accepted by SEC: 15 Mar 2022, 13:02:34 UTC
Prior SEC filing: 07 Mar 2022
Next SEC filing: 04 May 2022
Source filing: View source filing
Reporting owner signature: /s/ James L. Simmons As Attorney-in-Fact for Kevin M. Fogarty

Key filing fact

Kevin Michael Fogarty filed Form 4 for Kraton Corp on 15 Mar 2022.

Key facts

This page summarizes Kevin Michael Fogarty's Form 4 filing for Kraton Corp.
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 15 Mar 2022, 13:02.

Change

Previous filing in this sequence was filed on 07 Mar 2022.
Current net transaction value: -$33,918,342.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KRA transaction

Common Stock

Disposed to Issuer

Transaction value: $31,090,412
Shares: -668,611
Change %: -100%
Price: $46.50
Shares after: 0
Date: 15 Mar 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KRA transaction Derivative

Employee Options (Right to Buy)

Disposed to Issuer

Transaction value: $1,475,007
Shares: -65,093
Change %: -100%
Price: $22.66
Shares after: 0
Date: 15 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 65,093
Exercise price: $23.84
Footnotes: F2

KRA transaction Derivative

Employee Options (Right to Buy)

Disposed to Issuer

Transaction value: $1,352,923
Shares: -73,052
Change %: -100%
Price: $18.52
Shares after: 0
Date: 15 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 73,052
Exercise price: $27.98
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kevin Michael Fogarty is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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).

Footnote 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).