MEDINA, Ohio, Nov. 3 /PRNewswire-FirstCall/ -- RPM International Inc. (NYSE: RPM) announced that restricted stock previously received by the outside directors of the company vested on October 30, 2009. 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 3, 2009, will be filed today to 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 coatings, sealants, building materials and related services serving both industrial and consumer markets. RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Industrial brands include Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco and Dryvit. RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement, boat repair and maintenance, and by hobbyists. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors. Additional details about RPM are available at www.rpminc.com.
For more information, contact P. Kelly Tompkins, executive vice president and chief financial officer, at 330-273-5090 or firstname.lastname@example.org.
P. Kelly Tompkins, executive vice president and chief financial officer, +1-330-273-5090, email@example.com