Kraton Corporation (NYSE:KRA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 in the Original Form 8-K, and no other Item. We are filing this Form 8‑K/A to correctly state the number of remaining shares unissued (the “Remaining Shares”) under the Kraton Performance Polymers, Inc. 2009 Equity Incentive Plan (as amended and restated February 16, 2012, the “2009 Plan”) and to clarify the maximum number of shares available under the Kraton Performance Polymers, Inc. 2016 Equity and Cash Incentive Plan (the “2016 Plan”), as of the date of the Original Form 8-K and these disclosures, to amend and supersede the disclosures in the Original Form 8-K. The Original Form 8-K made reference to 436,904 Remaining Shares when the correct number was 917,064 Remaining Shares. The discrepancy relates solely to a clerical error made in calculating the number of Remaining Shares as of the date of the filing.>The 2016 Plan also provides that the number of unused shares of common stock that are the subject of awards under the 2009 Plan that are canceled, terminated, forfeited or expired unexercised again become available for the issuance of awards under the 2016 Plan as if such shares had never been the subject of an award (the “Additional Shares”). As such, the maximum number of shares available for issuance under the 2016 Plan consists of 1,550,000 shares of our common stock plus the Remaining Shares and Additional Shares that become available from time to time under the terms of the 2016 Plan.