Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Simmons James Leo
2. Date of Event Requiring Statement (Month/Day/Year)
12/16/2014
3. Issuer Name and Ticker or Trading Symbol
Kraton Performance Polymers, Inc. [KRA]
(Last)
(First)
(Middle)
C/O KRATON PERFORMANCE POLYMERS, 15710 JOHN F. KENNEDY BLVD, SUITE 300
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP,General Counsel & Secretary
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HOUSTON, TX 77032
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 Stock 1,663 (1)
D
 
Common Stock 1,188
D
 
Common Stock 4,195 (2)
D
 
Common Stock 5,004 (3)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: 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
Employee Options (Right to Buy)   (4) 01/28/2020 Common Stock 4,500 $ 13.9 D  
Employee Options (Right to Buy)   (5) 03/07/2021 Common Stock 3,392 $ 37.11 D  
Employee Options (Right to Buy)   (6) 03/05/2022 Common Stock 3,558 $ 28.42 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Simmons James Leo
C/O KRATON PERFORMANCE POLYMERS
15710 JOHN F. KENNEDY BLVD, SUITE 300
HOUSTON, TX 77032
      VP,General Counsel & Secretary  

Signatures

/s/ James L. Simmons 12/17/2014
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The restricted stock award shall vest in full on the third anniversary of the date of grant, or March 5, 2015.
(2) The restricted stock award shall vest in full on the third anniversary of the date of grant, or March 4, 2016.
(3) The restricted stock award shall vest in full on the third anniversary of the date of grant, or March 3, 2017.
(4) 3,000 of the options reported above have vested and are immediately exercisable. The remaining options vest January 28, 2015, subject to the reporting person being employed by the company or its affiliates on the vesting date.
(5) All of the options reported above have vested and are immediately exercisable.
(6) 2,372 of the options reported above have vested and are immediately exercisable. The remaining options vest March 5, 2015, subject to the reporting person being employed by the company or its affiliates on the vesting date.

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