<?xml version="1.0"?><?xml-stylesheet type="text/xsl" href="../4_X02.xsl"?><ownershipDocument>    <schemaVersion>X0303</schemaVersion>    <documentType>4</documentType>    <periodOfReport>2010-03-05</periodOfReport>    <notSubjectToSection16>0</notSubjectToSection16>    <issuer>        <issuerCik>0001325281</issuerCik>        <issuerName>KAPSTONE PAPER &amp; PACKAGING CORP</issuerName>        <issuerTradingSymbol>KPPC</issuerTradingSymbol>    </issuer>    <reportingOwner>        <reportingOwnerId>            <rptOwnerCik>0001385769</rptOwnerCik>            <rptOwnerName>Tarbox Andrea K</rptOwnerName>        </reportingOwnerId>        <reportingOwnerAddress>            <rptOwnerStreet1>C/O KAPSTONE PAPER AND PACKAGING CORP</rptOwnerStreet1>            <rptOwnerStreet2>1101 SKOKIE BLVD SUITE 300</rptOwnerStreet2>            <rptOwnerCity>NORTHBROOK</rptOwnerCity>            <rptOwnerState>IL</rptOwnerState>            <rptOwnerZipCode>60062</rptOwnerZipCode>            <rptOwnerStateDescription></rptOwnerStateDescription>        </reportingOwnerAddress>        <reportingOwnerRelationship>            <isDirector>0</isDirector>            <isOfficer>1</isOfficer>            <isTenPercentOwner>0</isTenPercentOwner>            <isOther>0</isOther>            <officerTitle>Vice President and CFO</officerTitle>        </reportingOwnerRelationship>    </reportingOwner>    <nonDerivativeTable>        <nonDerivativeTransaction>            <securityTitle>                <value>Common</value>            </securityTitle>            <transactionDate>                <value>2010-03-05</value>            </transactionDate>            <transactionCoding>                <transactionFormType>4</transactionFormType>                <transactionCode>M</transactionCode>                <equitySwapInvolved>0</equitySwapInvolved>            </transactionCoding>            <transactionTimeliness>                <value></value>            </transactionTimeliness>            <transactionAmounts>                <transactionShares>                    <value>28825</value>                    <footnoteId id="F1"/>                </transactionShares>                <transactionPricePerShare>                    <value>6.76</value>                </transactionPricePerShare>                <transactionAcquiredDisposedCode>                    <value>A</value>                </transactionAcquiredDisposedCode>            </transactionAmounts>            <postTransactionAmounts>                <sharesOwnedFollowingTransaction>                    <value>59925</value>                </sharesOwnedFollowingTransaction>            </postTransactionAmounts>            <ownershipNature>                <directOrIndirectOwnership>                    <value>D</value>                </directOrIndirectOwnership>            </ownershipNature>        </nonDerivativeTransaction>        <nonDerivativeTransaction>            <securityTitle>                <value>Common</value>            </securityTitle>            <transactionDate>                <value>2010-03-05</value>            </transactionDate>            <transactionCoding>                <transactionFormType>4</transactionFormType>                <transactionCode>S</transactionCode>                <equitySwapInvolved>0</equitySwapInvolved>            </transactionCoding>            <transactionTimeliness>                <value></value>            </transactionTimeliness>            <transactionAmounts>                <transactionShares>                    <value>28825</value>                </transactionShares>                <transactionPricePerShare>                    <value>10.2632</value>                    <footnoteId id="F2"/>                </transactionPricePerShare>                <transactionAcquiredDisposedCode>                    <value>D</value>                </transactionAcquiredDisposedCode>            </transactionAmounts>            <postTransactionAmounts>                <sharesOwnedFollowingTransaction>                    <value>31100</value>                </sharesOwnedFollowingTransaction>            </postTransactionAmounts>            <ownershipNature>                <directOrIndirectOwnership>                    <value>D</value>                </directOrIndirectOwnership>            </ownershipNature>        </nonDerivativeTransaction>        <nonDerivativeTransaction>            <securityTitle>                <value>Common</value>            </securityTitle>            <transactionDate>                <value>2010-03-05</value>            </transactionDate>            <transactionCoding>                <transactionFormType>4</transactionFormType>                <transactionCode>S</transactionCode>                <equitySwapInvolved>0</equitySwapInvolved>            </transactionCoding>            <transactionTimeliness>                <value></value>            </transactionTimeliness>            <transactionAmounts>                <transactionShares>                    <value>954</value>                </transactionShares>                <transactionPricePerShare>                    <value>10.652</value>                    <footnoteId id="F2"/>                </transactionPricePerShare>                <transactionAcquiredDisposedCode>                    <value>D</value>                </transactionAcquiredDisposedCode>            </transactionAmounts>            <postTransactionAmounts>                <sharesOwnedFollowingTransaction>                    <value>30146</value>                </sharesOwnedFollowingTransaction>            </postTransactionAmounts>            <ownershipNature>                <directOrIndirectOwnership>                    <value>D</value>                </directOrIndirectOwnership>            </ownershipNature>        </nonDerivativeTransaction>        <nonDerivativeTransaction>            <securityTitle>                <value>Common</value>            </securityTitle>            <transactionDate>                <value>2010-03-08</value>            </transactionDate>            <transactionCoding>                <transactionFormType>4</transactionFormType>                <transactionCode>S</transactionCode>                <equitySwapInvolved>0</equitySwapInvolved>            </transactionCoding>            <transactionTimeliness>                <value></value>            </transactionTimeliness>            <transactionAmounts>                <transactionShares>                    <value>8046</value>                </transactionShares>                <transactionPricePerShare>                    <value>10.829</value>                    <footnoteId id="F2"/>                </transactionPricePerShare>                <transactionAcquiredDisposedCode>                    <value>D</value>                </transactionAcquiredDisposedCode>            </transactionAmounts>            <postTransactionAmounts>                <sharesOwnedFollowingTransaction>                    <value>22100</value>                </sharesOwnedFollowingTransaction>            </postTransactionAmounts>            <ownershipNature>                <directOrIndirectOwnership>                    <value>D</value>                </directOrIndirectOwnership>            </ownershipNature>        </nonDerivativeTransaction>    </nonDerivativeTable>    <footnotes>        <footnote id="F1">Shares acquired pursuant to the exercise of an Option granted 4/5/2007. Vesting schedule: Options exercisable 4/05/2009 - 28,825; Options exercisable 4/5/2010 - 28,825</footnote>        <footnote id="F2">The price in column 4 is a weighted average price. The reporting person will provide any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.</footnote>    </footnotes>    <ownerSignature>        <signatureName>Andrea K. Tarbox</signatureName>        <signatureDate>2010-03-08</signatureDate>    </ownerSignature></ownershipDocument>
