ACCURIDE CORP 4
4 · ACCURIDE CORP · Filed May 20, 2011
Insider Transaction Report
Form 4
Wright Leigh Alexander
Sr. VP/Accuride Wheels
Transactions
- Exercise/Conversion
Common Stock
2011-05-18+4,782→ 5,050 total - Tax Payment
Common Stock
2011-05-18$13.11/sh−1,936$25,381→ 3,114 total - Exercise/Conversion
Restricted Stock Unit
2011-05-18−4,782→ 9,710 total→ Common Stock (4,782 underlying)
Footnotes (4)
- [F1]Shares were acquired upon the vesting and conversion of Restricted Stock Units, which were received as a grant for which no consideration was paid.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Accuride common stock. 33% of the total number of RSU's granted vested on May 18, 2011, 33% of the RSU's granted will vest on May 18, 2012 and the remaining 34% of the RSU's granted will vest on May 18, 2013.
- [F3]This RSU grant was previously reported as 144,928 RSU's, but was adjusted to reflect the 1-for-10 reverse stock split that occurred on November 18, 2010.
- [F4]Includes 268 shares of stock, which were previously reported as 2,688 shares prior to the 1-for-10 reverse stock split that was affective on November 18, 2010.