FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 10/15/2019 |
3. Issuer Name and Ticker or Trading Symbol
GCP Applied Technologies Inc. [ GCP ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 5,867(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Options (rights to buy) | (2) | 02/25/2023 | Common Stock | 3,401 | $17.04 | D | |
Employee Stock Options (rights to buy) | (3) | 02/27/2027 | Common Stock | 6,161 | $26.4 | D | |
Employee Stock Options (rights to buy) | (4) | 02/22/2028 | Common Stock | 5,645 | $32.6 | D | |
Employee Stock Options (rights to buy) | (5) | 02/21/2029 | Common Stock | 7,220 | $26.37 | D |
Explanation of Responses: |
1. Includes 4,358 Restricted Stock Units (RSUs), 710 of which were granted on February 27, 2017; 1,278 of which were granted on February 22, 2018; and 2,370 of which were granted on February 21, 2019. Each RSU represents the right to receive one share of GCP common stock. RSUs vest in substantially equal installments on each of the first, second and third anniversary of the grant date and are settled in shares of GCP common stock upon vesting. |
2. Options were granted on February 25, 2016 and become exercisable in substantially equal installments on each of the first, second and third anniversary of the grant date. |
3. Options were granted on February 27, 2017 and become exercisable in substantially equal installments on each of the first, second and third anniversary of the grant date. |
4. Options were granted on February 22, 2018 and become exercisable in substantially equal installments on each of the first, second and third anniversary of the grant date. |
5. Options were granted on February 21, 2019 and become exercisable in substantially equal installments on each of the first, second and third anniversary of the grant date. |
Remarks: |
Exhibit 24 Power of Attorney filed herewith. |
/s/ James E. Thomson, Attorney-in-Fact | 10/23/2019 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |