ORTIZ PATRICK W (VP and General Manager) reported 2 transactions at KAPSTONE PAPER & PACKAGING CORP

Review the transaction codes below to understand the nature of each event.

ORTIZ PATRICK W

Filed: 11/6/2018ACC: 0001104659-18-066443

InsiderORTIZ PATRICK WCIK 1693195

→

IssuerKAPSTONE PAPER & PACKAGING CORPCIK 1325281

Officer· VP and General Manager

Since Nov 2018

-54.98K

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

54.98K disposed

Non-Derivative Transactions2

Common Stock

Direct

D · Disposition

−2.89K

Price / share

—

Trade value

—

% of position

13.0%

11/2/2018

22.29K→19.39K

Common Stock

Direct

D · Disposition

−19.39K

Price / share

—

Trade value

—

% of position

New position

11/2/2018

19.39K→0.00

Total

Net shares

−22.29K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/2/2018	D · Disposition	−2.89K	—	—	13.0%	22.29K	19.39K
Common Stock Direct	11/2/2018	D · Disposition	−19.39K	—	—	New position	19.39K	0.00
Total			−22.29K		$0.00

Derivative Transactions5

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

1.42K shares

−1.42K

Strike price

21.825

Held after

0.00

Exercisable

—

11/2/2018

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

2.07K shares

−2.07K

Strike price

30.41

Held after

0.00

Exercisable

—

11/2/2018

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

2.13K shares

−2.13K

Strike price

31.89

Held after

0.00

Exercisable

—

11/2/2018

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

4.61K shares

−4.61K

Strike price

12.72

Held after

0.00

Exercisable

—

11/2/2018

Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

22.47K shares

−22.47K

Strike price

22.195

Held after

0.00

Exercisable

—

11/2/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Option (Right to Buy) Direct	Common Stock1.42K shares	11/2/2018	D · Disposition	−1.42K	21.825	—
Stock Option (Right to Buy) Direct	Common Stock2.07K shares	11/2/2018	D · Disposition	−2.07K	30.41	—
Stock Option (Right to Buy) Direct	Common Stock2.13K shares	11/2/2018	D · Disposition	−2.13K	31.89	—
Stock Option (Right to Buy) Direct	Common Stock4.61K shares	11/2/2018	D · Disposition	−4.61K	12.72	—
Stock Option (Right to Buy) Direct	Common Stock22.47K shares	11/2/2018	D · Disposition	−22.47K	22.195	—