X0202 3 2006-11-08 0 0001296435 Neenah Paper Inc NP 0001380628 Runsten Dennis 3460 PRESTON RIDGE ROAD, SUITE 600 ALPHARETTA GA 30005 0 1 0 0 President of Technical Product Common Stock 9921 D Stock Option (Right to Buy) 30.15 2008-02-25 Common Stock 2170 D Stock Option (Right to Buy) 28.50 2010-02-20 Common Stock 5779 D Stock Option (Right to Buy) 37.59 2011-02-21 Common Stock 18552 D Stock Option (Right to Buy) 32.87 2012-02-17 Common Stock 1577 D Stock Option (Right to Buy) 24.01 2013-02-16 Common Stock 11688 D Stock Option (Right to Buy) 32.87 2012-02-18 Common Stock 9554 D Stock Option (Right to Buy) 34.61 2014-04-28 Common Stock 6308 D Stock Option (Right to Buy) 32.60 2014-12-15 Common Stock 11200 D Stock Option (Right to Buy) 33.19 2015-02-20 Common Stock 2250 D Stock Option (Right to Buy) 31.70 2015-08-21 Common Stock 2250 D Stock Option (Right to Buy) 27.58 2016-02-07 Common Stock 2550 D Stock Option (Right to Buy) 29.43 2016-08-06 Common Stock 2550 D Employee stock options granted under Neenah Paper's 2004 Omnibus Stock and Incentive Compensation Plan to replace stock options previously issued to the reporting person under the Kimberly-Clark Corporation 1992 or 2001 Equity Participation Plans. The replacement options are exercisable on the same vesting schedule as the Kimberly-Clark options they replaced. After the end of one year from 2/26/1998, the date of the original grant under the Kimberly-Clark equity participation plan, they may be exercised as to 30% or less of the total shares subject to options. After the end of the second year, an additional 30% may be exercised. After the end of the third year, all options may be exercised. The replacement options are exercisable on the same vesting schedule as the Kimberly-Clark options they replaced. After the end of one year from 2/21/2000, the date of the original grant under the Kimberly-Clark equity participation plan, they may be exercised as to 30%or less of the total shares subject to options. After the end of the second year, an additional 30% may be exercised. After the end of the third year, all options may be exercised. The replacement options are exercisable on the same vesting schedule as the Kimberly-Clark options they replaced. After the end of one year from 2/22/2001, the date of the original grant under the Kimberly-Clark equity participation plan, they may be exercised as to 30% or less of the total shares subject to options. After the end of the second year, an additional 30% may be exercised. After the end of the third year, all options may be exercised. The replacement options are exercisable on the same vesting schedule as the Kimberly-Clark options they replaced. After the end of one year from 2/18/2002, the date of the original grant under the Kimberly-Clark equity participation plan, they may be exercised as to 30% or less of the total shares subject to options. After the end of the second year, an additional 30% may be exercised. After the end of the third year, all options may be exercised. These replacement options are exercisable on the same vesting schedule as the Kimberly-Clark options they replaced. All the options became fully vested on February 17, 2006. The replacement options are exercisable on the same vesting schedule as the Kimberly-Clark options they replaced. All the options became fully vested on February 18, 2005. The replacement options are exercisable on the same vesting schedule as the Kimberly-Clark options they replaced. After the end of one year from 4/28/2004 the date of the original grant under the Kimberly-Clark equity participation plan, they may be exercised as to 30% or less of the total shares subject to options. After the end of the second year, an additional 30% may be exercised. After the end of the third year, all options may be exercised. The options were granted pursuant to the Neenah Paper, Inc. 2004 Omnibus Stock and Incentive Compensation Plan. After the end of one year from 12/15/2004 the date of the grant, these options may be exercised as to 30% or less of the total shares subject to options. After the end of the second year, an additional 30% may be exercised. After the end of the third year, all options may be exercised. The options vest in increments of one-third on each of 2/21/2006, 2/21/2007 and 2/21/2008. The options vest in increments of one-third on each of 8/22/2006, 8/22/2007, 8/22/2008. The options vest in increments of one-third on each of 2/07/2007, 2/07/2008 and 2/7/2009. The options vest in increments of one-third on each of 8/07/2007, 8/07/2008, 8/07/2009. /s/ Steven S. Heinrichs as attorney-in-fact for Dennis Runsten 2006-11-17