0001209191-23-002599.txt : 20230109
0001209191-23-002599.hdr.sgml : 20230109
20230109175013
ACCESSION NUMBER: 0001209191-23-002599
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230105
FILED AS OF DATE: 20230109
DATE AS OF CHANGE: 20230109
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Apostolou Stephanie L
CENTRAL INDEX KEY: 0001806249
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32737
FILM NUMBER: 23519135
MAIL ADDRESS:
STREET 1: 436 SEVENTH AVENUE
CITY: PITTSBURGH
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]
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2023-01-05
0
0001315257
Koppers Holdings Inc.
KOP
0001806249
Apostolou Stephanie L
436 SEVENTH AVENUE
PITTSBURGH
PA
15219
0
1
0
0
General Counsel & Secretary
Common Stock
2023-01-05
4
M
0
14
0.00
A
30209.8708
D
Common Stock
2023-01-05
4
F
0
911
28.58
D
29298.8708
D
Dividend Equivalent Rights
2023-01-05
4
M
0
14
0.00
D
Common Stock
14
74
D
Restricted Stock Units
2023-01-05
4
A
0
931
0.00
A
Common Stock
931
2336
D
Restricted Stock Units
2023-01-05
4
A
0
775
0.00
A
Common Stock
775
775
D
Dividend Equivalent Rights
2023-01-05
4
A
0
11
0.00
A
Common Stock
11
85
D
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").
These DERs were released in connection with the vesting of RSUs granted on January 4, 2021 and January 4, 2022. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
Restricted stock units represent the right to receive shares of common stock on a one-for-one basis and may be settled in cash or in shares of common stock.
On January 4, 2021, the reporting person was granted performance share units ("PSUs") for which the two-year performance period from January 1, 2021 through December 31, 2022 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, 2024. If the Company's total shareholder return over the three-year period of January 1, 2021 through December 31, 2023 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, 2022, the reporting person was granted PSUs for which the one-year performance period from January 1, 2022 through December 31, 2022 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.
The DERs accrued with respect to additional PSUs credited to the reporting person with respect to PSUs granted on January 4, 2021 and January 4, 2022. Each DER is the economic equivalent of one share of Koppers Holdings Inc. common stock.
/s/Stephanie L. Apostolou
2023-01-09