Kercsmar Michael A 4
4 · AK STEEL HOLDING CORP · Filed Jan 25, 2019
Insider Transaction Report
Form 4
Kercsmar Michael A
VP Specialty Steel Operations
Transactions
- Award
Employee Stock Option (Right to Buy)
2019-01-23+21,008→ 21,008 totalExercise: $2.65From: 2020-01-23Exp: 2029-01-23→ Common Stock (21,008 underlying) - Award
Common Stock
2019-01-23+1,475→ 33,695 total - Exercise/Conversion
Common Stock
2019-01-23+1,663→ 35,358 total - Tax Payment
Common Stock
2019-01-23$2.65/sh−1,064$2,825→ 34,294 total - Exercise/Conversion
Performance Shares
2019-01-23−2,500→ 0 totalFrom: 2018-12-31Exp: 2018-12-31→ Common Stock (1,663 underlying) - Award
Common Stock
2019-01-23+12,500→ 46,794 total
Footnotes (3)
- [F1]This represents Common Stock which was earned pursuant to a January 20, 2016 grant of Performance Shares. The Common Stock was issued at a conversion rate of 0.590 shares of Common Stock for each Performance Share awarded.
- [F2]This represents Common Stock which was earned pursuant to a January 20, 2016 grant of Performance Shares. The Common Stock was issued at a conversion rate of 0.665 shares of Common Stock for each Performance Share awarded.
- [F3]Options vest in three equal annual installments beginning one year after grant date.