Koppers revises LTIP: RSU vesting to 3 years, adds EBITDA PSU metric, ends stock options

Koppers Holdings Inc.

RSU vesting reduced from 4 to 3 equal annual installments for future grants under 2020 LTIP.
New PSU performance measure based on 3-year cumulative Adjusted EBITDA thresholds; TSR PSUs retained.
No stock option awards will be granted beginning in 2023; prior awards unchanged.
CEO Ball granted $623,269 in RSUs, $1,246,538 each in EBITDA and TSR PSUs (grant date Jan 4, 2023).
CFO Smith: $187,500 RSU, $187,500 EBITDA PSU, $93,750 TSR PSU; COO Sullivan: $480,000 RSU, $480,000 EBITDA PSU, $240,000 TSR PSU.

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