X0206 3 2014-12-10 0 0001325281 KAPSTONE PAPER & PACKAGING CORP KS 0001625277 Meyers Antionette KAPSTONE PAPER AND PACKAGING CORPORATION 1101 SKOKIE BLVD., STE. 300 NORTHBROOK IL 60062 1 VP Cntbd Krft Papr Sales Mktg Common Stock 10962 D Stock Option (Right to Buy) 7.305 2021-03-03 Common Stock 4514 D Stock Option (Right to Buy) 8.875 2022-03-07 Common Stock 7860 D Stock Option (Right to Buy) 13.825 2023-03-06 Common Stock 6610 D Stock Option (Right to Buy) 30.41 2024-03-12 Common Stock 7425 D This includes 2,700 shares of fully vested common stock and 8,262 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of KapStone common stock. The restricted stock units vest in their entirety on the third anniversary of the grant date. Of the restricted stock units, 3,144 were granted on 3/7/2012, 2,586 were granted on 3/6/2013, and 2,532 were granted on 3/12/2014. Represents options granted pursuant to KapStone Paper and Packaging Amended and Restated 2006 Incentive Plan The options vested 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date. They were granted on 3/3/2011. The options vested 50% on the second anniversary of the grant date and will vest 50% on the third anniversary of the grant date. They were granted on 3/7/2012. The options vest 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date. They were granted on 3/6/2013. The options vest 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date. They were granted on 3/12/2014. /s/ Timothy W. Schmidt, attorney-in-fact 2014-12-17