4//SEC Filing
AXIALL CORP/DE/ 4
Accession 0001104659-15-053528
CIK 0000805264operating
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 8:05 PM ET
Size
8.4 KB
Accession
0001104659-15-053528
Insider Transaction Report
Form 4
AXIALL CORP/DE/AXLL
DOHERTY WILLIAM H
Vice President
Transactions
- Award
AXLL Common Stock
2015-07-23+6,582→ 14,384 total - Award
Performance Restricted Stock Units
2015-07-23+6,471→ 6,471 totalExercise: $0.00→ AXLL Common Stock (6,471 underlying)
Footnotes (3)
- [F1]These restricted stock units are scheduled to vest in three equal increments on each of May 19, 2016; May 19, 2017 and May 2018, subject to the terms of the RSU agreement between the issuer and the reporting person.
- [F2]Shares of Company common stock may be issued to the reporting person upon the vesting of the performance restricted stock units, also referred to as "PRSUs." The number of shares of Company common stock shown is the award at the "target" performance level. The actual number of shares of common stock that may be issued to the reporting person upon vesting ranges from a minimum of zero to a maximum of 12,942 shares, and depends on the relative total shareholder return, or "TSR," for the Company as compared to a company in a peer group that achieves the median TSR performance for the peer group. The TSR for the Company and each company in the peer group will be calculated based on annual growth rate over a three-year performance period, from the volume weighted average trading price for each company's common stock for sixty consecutive trading days prior to May 19, 2015 to the sixty consecutive trading days prior to May 19, 2018.
- [F3]The PRSUs are expected to vest on May 19, 2018. The expiration date of the award of this grant is the same date as the vesting date.
Documents
Issuer
AXIALL CORP/DE/
CIK 0000805264
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000805264
Filing Metadata
- Form type
- 4
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 8:05 PM ET
- Size
- 8.4 KB