4//SEC Filing
AK STEEL HOLDING CORP 4
Accession 0000918160-17-000042
CIK 0000918160operating
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 5:27 PM ET
Size
16.4 KB
Accession
0000918160-17-000042
Insider Transaction Report
Form 4
Petersen Eric S
VP, Sales & Customer Service
Transactions
- Exercise/Conversion
Common Stock
2017-01-18+12,300→ 102,075 total - Award
Common Stock
2017-01-18+7,314→ 89,775 total - Tax Payment
Common Stock
2017-01-18$9.78/sh−7,319$71,580→ 94,756 total - Exercise/Conversion
Performance Shares
2017-01-18−8,200→ 0 totalFrom: 2016-12-31Exp: 2016-12-31→ Common Stock (12,300 underlying) - Award
Performance Shares
2017-01-18+3,050→ 3,050 totalFrom: 2019-12-31Exp: 2019-12-31→ Common Stock (3,050 underlying) - Award
Common Stock
2017-01-18+6,600→ 82,461 total - Award
Employee Stock Option (Right to Buy)
2017-01-18+11,500→ 11,500 totalExercise: $9.78From: 2018-01-18Exp: 2027-01-18→ Common Stock (11,500 underlying)
Footnotes (6)
- [F1]This represents Common Stock which was earned pursuant to a January 22, 2014 grant of Performance Shares. The Common Stock was issued at a conversion rate of 0.892 shares of Common Stock for each Performance Share awarded.
- [F2]This represents Common Stock which was earned pursuant to a January 22, 2014 grant of Performance Shares. The Common Stock was issued at a conversion rate of 1.5 shares of Common Stock for each Performance Share awarded.
- [F3]Each Performance Share represents a contingent right to receive 0 to 1.5 shares of Common Stock. The conversion rate (0, .5, or 1.5) ultimately applied to these Performance Shares will be determined based on the compounded annual growth rate (CAGR) of the Common Stock between January 1, 2017 to December 31, 2019 (the Performance Period).
- [F4]This represents one half of the Performance Shares which were awarded on January 18, 2017 and are required to be reported at this time because they constitute derivative securities. The other half do not constitute derivative securities and therefore are not required to be reported at this time.
- [F5]The number of shares of Common Stock underlying this grant of the Performance Shares will be 0 to 1.5 times the number of Performance Shares granted depending on CAGR achieved during the Performance Period.
- [F6]Options vest in three equal annual installments beginning one year after grant date.
Documents
Issuer
AK STEEL HOLDING CORP
CIK 0000918160
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000918160
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 5:27 PM ET
- Size
- 16.4 KB