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  "docSlug": "9bd661444d43",
  "documentTitle": "GCP Applied Technologies (GCP)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
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  "presentationDate": "2020-05-11 00:00:00",
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      "kind": "callout",
      "text": "\"Three independent directors\" includes Mr. Kiefaber and Ms. Ogilvie, both of whom are already on the Board",
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      "text": "GCP’s settlement proposal to Starboard has been greatly mischaracterized by the Board.",
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      "text": "While the Board is attempting to suggest that it had offered Starboard three board seats, the offer included both Clay Kiefaber and Marran Ogilvie, both of whom were already current board members.\nAs a result, the Board's offer only contemplated placing one new Starboard nominee on the Board.",
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      "text": "“Three independent directors” includes Mr. Kiefaber and Ms. Ogilvie, both of whom are already on the Board",
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      "text": "Source: GCP's public filings.",
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      "text": "GCP's Misleading Portrayal of Settlement Discussions table",
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      "text": "GCP's Characterization of Its Settlement Proposal to Starboard is Highly Misleading",
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