Scheinkman Steven W. 4
4 · A. M. Castle & Co. · Filed Apr 1, 2020
Insider Transaction Report
Form 4
Scheinkman Steven W.
Other
Transactions
- Award
Convertible Note
2020-03-27Exercise: $0.46From: 2020-03-27Exp: 2020-03-27→ Common Stock (1,083,850 underlying) - Disposition to Issuer
Convertible Note
2020-03-27Exercise: $3.77From: 2017-08-31Exp: 2020-01-01→ Common Stock (266,461 underlying) - Award
Common Stock
2020-03-27+364,849→ 971,976 total
Footnotes (1)
- [F1]Reflects the disposition of an aggregate principal amount (including accrued PIK interest) of $1,004,378 of the Company's 5.00%/7.00% Convertible Senior PIK Toggle Notes due 2022 (the "Old Notes") in exchange for a combination of (i) an aggregate principal amount of $494,015 of the Company's new 3.00%/5.00% Convertible Senior PIK Toggle Notes due 2024 (the "New Notes") and (ii) 364,849 shares of the Company's common stock ("New Shares"), pursuant to a public exchange offer launched by the Company on February 27, 2020 and completed on March 27, 2020. The Old Notes were restricted incentive awards issued pursuant to the Company's 2017 Management Incentive Plan (the "Plan") and vested in full on January 1, 2020. The New Notes are convertible into 1,083,850 shares of common stock as of the date of this filing.