0000950170-24-003153.txt : 20240108
0000950170-24-003153.hdr.sgml : 20240108
20240108194200
ACCESSION NUMBER: 0000950170-24-003153
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240104
FILED AS OF DATE: 20240108
DATE AS OF CHANGE: 20240108
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hyde Leslie S
CENTRAL INDEX KEY: 0001349675
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32737
FILM NUMBER: 24521473
MAIL ADDRESS:
STREET 1: C/O KOPPERS INC
STREET 2: 436 SEVENTH AVENUE, SUITE 1550
CITY: PITTSBURG
STATE: PA
ZIP: 15219
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Koppers Holdings Inc.
CENTRAL INDEX KEY: 0001315257
STANDARD INDUSTRIAL CLASSIFICATION: LUMBER & WOOD PRODUCTS (NO FURNITURE) [2400]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 201878963
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 436 SEVENTH AVENUE
CITY: PITTSBURGH
STATE: PA
ZIP: 15219
BUSINESS PHONE: 412-227-2001
MAIL ADDRESS:
STREET 1: 436 SEVENTH AVENUE
CITY: PITTSBURGH
STATE: PA
ZIP: 15219
FORMER COMPANY:
FORMER CONFORMED NAME: KI Holdings Inc.
DATE OF NAME CHANGE: 20050124
4
1
ownership.xml
4
X0508
4
2024-01-04
0001315257
Koppers Holdings Inc.
KOP
0001349675
Hyde Leslie S
436 SEVENTH AVENUE
PITTSBURGH
PA
15219
false
true
false
false
SVP, Chief Sustainability Offi
false
Common Stock
2024-01-04
4
A
false
3843
0.00
A
54228.9136
D
Common Stock
2024-01-05
4
M
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6446
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60674.9136
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Common Stock
2024-01-05
4
M
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117
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D
Common Stock
2024-01-05
4
F
false
4702
47.32
D
56089.9136
D
Restricted Stock Units
2024-01-04
4
A
false
3281
0.00
A
Common Stock
3281
6446
D
Restricted Stock Units
2024-01-04
4
A
false
3514
0.00
A
Common Stock
3514
4301
D
Restricted Stock Units
2024-01-04
4
A
false
1988
0.00
A
Common Stock
1988
1988
D
Dividend Equivalent Rights
2024-01-04
4
A
false
103
0.00
A
Common Stock
103
255
D
Restricted Stock Units
2024-01-05
4
M
false
6446
0.00
D
Common Stock
6446
0
D
Dividend Equivalent Rights
2024-01-05
4
M
false
117
0.00
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Common Stock
117
138
D
The reporting person was awarded time-based restricted stock units on January 4, 2024, which will vest in annual installments of one-third each over three years.
Restricted stock units convert into common stock on a one-for-one basis.
Represents shares acquired upon release of dividend equivalent rights ("DERs"), as reported in Table II, on a one-for-one basis.
Shares surrendered to the issuer by the reporting person as payment for the tax withholding related to the vesting of time-based restricted stock units ("RSUs") and performance share units ("PSUs").
On January 4, 2021, the reporting person was granted PSUs for which the performance criteria for the three-year performance period from January 1, 2021 through December 31, 2023 have been satisfied.
On January 4, 2022, the reporting person was granted PSUs for which the performance criteria for the two-year performance period from January 1, 2022 through December 31, 2023 have been satisfied. All of the restricted stock units reported here are subject to vesting based on the continued service of the reporting person through January 5, 2025. If the Company's total shareholder return over the three-year period of January 1, 2022 through December 31, 2024 is negative, then the cumulative number of units that may vest for such three-year period will be capped at 150% of the target number.
On January 4, 2023, the reporting person was granted PSUs for which the performance criteria for the one-year performance period from January 1, 2023 through December 31, 2023 have been satisfied. All of the restricted stock units reported here are subject to vesting based on the continued service of the reporting person through January 5, 2026. If the Company's total shareholder return over the three-year period of January 1, 2023 through December 31, 2025 is negative, then the cumulative number of units that may vest for such three-year period will be capped at 150% of the target number.
The DERs accrued with respect to additional PSUs credited to the reporting person with respect to PSUs granted on January 4, 2021, January 4, 2022, and January 4, 2023. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
Represents previously granted performance share units for which the performance criteria for the three-year performance period from January 1, 2021 through December 31, 2023 have been satisfied, as reported in Table II above.
These DERs were released in connection with the vesting of RSUs and PSUs granted on January 4, 2021, January 4, 2022, and January 4, 2023. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
/s/Stephanie L. Apostolou, Attorney in Fact
2024-01-08