RPM Announces Form 4 Filings

MEDINA, Ohio, Oct. 31 /PRNewswire-FirstCall/ -- RPM International Inc. announced that restricted stock previously received by the outside directors of the company vested today. The terms of the company's 2003 Restricted Stock Plan for Directors requires the mandatory withholding of that portion of the stock needed to pay the minimum federal, state and local income tax obligations of the directors with respect to the vested stock. Accordingly, Form 4s for the directors, which must be filed no later than November 4, 2008, will report the withholding of such stock as a disposition of the stock to the company to pay tax obligations. RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty... [read full story]