Byron Jason Racki Form 3 Neenah Paper / Byron Jason Racki ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Racki Byron Jason

(Last) (First) (Middle)

3460 PRESTON RIDGE ROAD

SUITE 600

(Street)

ALPHARETTA GA 30005

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/23/2017

3. Issuer Name and Ticker or Trading Symbol
Neenah Paper Inc [ NP ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President, Performance Materia

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Sock	3,545	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Share Units	12/31/2019	(1)	Common Sock	1,244	(2)	D
Performance Share Units	12/31/2018	(1)	Common Sock	1,913	(2)	D
Performance Share Units	12/31/2017	(1)	Common Sock	1,782	(2)	D
Share Appreciation Rights	(3)	01/29/2027	Common Sock	3,232	82.15	D
Share Appreciation Rights	(4)	01/25/2026	Common Sock	2,548	57.95	D
Share Appreciation Rights	(5)	01/26/2025	Common Sock	1,940	59.72	D
Share Appreciation Rights	(6)	01/27/2024	Common Sock	694	42.82	D

Explanation of Responses:

1. The units do not have an expiration date.

2. The units are convertible to common stock on a one-for-one basis.

3. The stock appreciation rights vest in increments of one-third on 01/30/2018, 01/30/2019, and 01/30/2020.

4. The stock appreciation rights vest in increments of one-third on 01/26/2017, 01/26/2018, and 01/26/2019.

5. The stock appreciation rights vest in increments of one-third on 01/27/2016, 01/27/2017, and 01/27/2018.

6. The stock appreciation rights are fully vested.

Remarks:

	/s/ Steven S. Heinrichs, by Power of Attorney	05/25/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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