VASQUEZ JAIME 4
4 · AK STEEL HOLDING CORP · Filed Jan 19, 2018
Insider Transaction Report
Form 4
VASQUEZ JAIME
VP Finance and CFO
Transactions
- Award
Employee Stock Option (Right to Buy)
2018-01-17+67,800→ 67,800 totalExercise: $6.56From: 2019-01-17Exp: 2028-01-17→ Common Stock (67,800 underlying) - Tax Payment
Common Stock
2018-01-18−2,542→ 86,283 total - Award
Common Stock
2018-01-17+35,600→ 88,825 total - Award
Performance Shares
2018-01-17+30,200→ 60,400 totalFrom: 2020-12-31Exp: 2020-12-31→ Common Stock (30,200 underlying)
Footnotes (4)
- [F1]Options vest in three equal annual installments beginning one year after grant date.
- [F2]Each Performance Share represents a contingent right to receive 0 to 1.5 shares of Common Stock. The conversion rate (0, .5, 1 or 1.5) ultimately applied to these Performance Shares will be determined based on Total Shareholder Return relative to other companies in the Van Eck Vectors Steel ETF with Total Shareholder Return defined as appreciation in stock price and reinvestment of dividends between January 1, 2018 and December 31, 2020 (the Performance Period).
- [F3]This represents Performance Shares awarded on January 17, 2018 and are being reported at this time because they may constitute derivative securities.
- [F4]The number of shares of Common Stock underlying this grant of Performance Shares will be 0 to 1.5 times the number of Performance Shares granted depending on Total Shareholder Return achieved during the Performance Period.