KAPLAN MATTHEW S (President & CEO) exercised options at KAPSTONE PAPER & PACKAGING CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

KAPLAN MATTHEW S

Filed: 11/1/2018ACC: 0001127602-18-031710

InsiderKAPLAN MATTHEW SCIK 1074360

→

IssuerKAPSTONE PAPER & PACKAGING CORPCIK 1325281

DirectorOfficer· President & CEO

Since Aug 2018

-230.66K

Net shares

Net seller

$5.62M

Total sold

Open market trades

0B · 0S

Total transactions

301.03K acquired · 531.69K disposed

Non-Derivative Transactions5

Common Stock

Direct

G · Gift

−70K

Price / share

—

Trade value

—

% of position

2.4%

8/31/2018

2.89M→2.82M

Common Stock

Direct

M · Option Exercise

+184.38K

Price / share

$4.68

Trade value

$862.92K

% of position

6.5%

10/30/2018

2.82M→3M

Common Stock

Direct

F · Tax Withholding

−95.42K

Price / share

$34.98

Trade value

$3.34M

% of position

3.2%

10/30/2018

3M→2.91M

Common Stock

Direct

M · Option Exercise

+116.65K

Price / share

$7.30

Trade value

$852.10K

% of position

4.0%

10/30/2018

2.91M→3.03M

Common Stock

Direct

F · Tax Withholding

−65.24K

Price / share

$34.98

Trade value

$2.28M

% of position

2.2%

10/30/2018

3.03M→2.96M

Total

Net shares

+70.37K

Net value

-$3.91M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/31/2018	G · Gift	−70K	—	—	2.4%	2.89M	2.82M
Common Stock Direct	10/30/2018	M · Option Exercise	+184.38K	$4.68	$862.92K	6.5%	2.82M	3M
Common Stock Direct	10/30/2018	F · Tax Withholding	−95.42K	$34.98	$3.34M	3.2%	3M	2.91M
Common Stock Direct	10/30/2018	M · Option Exercise	+116.65K	$7.30	$852.10K	4.0%	2.91M	3.03M
Common Stock Direct	10/30/2018	F · Tax Withholding	−65.24K	$34.98	$2.28M	2.2%	3.03M	2.96M
Total			+70.37K		-$3.91M

Derivative Transactions2

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

184.38K shares

−184.38K

Strike price

4.68

Held after

0.00

Exercisable

—

10/30/2018

Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

116.65K shares

−116.65K

Strike price

7.305

Held after

0.00

Exercisable

—

10/30/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (Right to Buy) Direct	Common Stock184.38K shares	10/30/2018	M · Option Exercise	−184.38K	4.68	—	0.00
Stock Option (Right to Buy) Direct	Common Stock116.65K shares	10/30/2018	M · Option Exercise	−116.65K	7.305	—	0.00

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned504.17K

Total

504.17K indirect504.17K

Security Title	Shares Owned	Ownership Type
Common Stock	504.17K	Indirect
Total	504.17K	504.17K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported