4//SEC Filing
AK STEEL HOLDING CORP 4
Accession 0001127602-15-002656
CIK 0000918160operating
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 7:21 PM ET
Size
11.1 KB
Accession
0001127602-15-002656
Insider Transaction Report
Form 4
HORN DAVID C
Sr. VP Gen Counsel & Secretary
Transactions
- Tax Payment
Common Stock
2015-01-21$3.98/sh−13,790$54,815→ 288,742 total - Award
Employee Stock Option (Right to Buy)
2015-01-21+44,400→ 44,400 totalExercise: $3.98From: 2016-01-21Exp: 2025-01-21→ Common Stock (44,400 underlying) - Award
Common Stock
2015-01-21+36,800→ 302,532 total - Award
Performance Shares
2015-01-21+27,550→ 27,550 totalFrom: 2017-12-31Exp: 2017-12-31→ Common Stock (27,550 underlying)
Footnotes (4)
- [F1]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 the compounded annual growth rate ("CAGR") of the Common Stock between January 1, 2015 and December 31, 2017 (the "Performance Period").
- [F2]This represents one half of the Performance Shares which were awarded on January 21, 2015 and are required to be reported at this time because they constitute derivative securities. The other half do not constitute derivative securities and therefore are not required to be reported at this time.
- [F3]The number of shares of Common Stock underlying this grant of the Performance Shares will be 0 to 1.5 times the number of Performance Shares granted depending on the CAGR achieved during the Performance Period.
- [F4]Options vest in three equal annual installments beginning one year after grant date
Documents
Issuer
AK STEEL HOLDING CORP
CIK 0000918160
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000918160
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 7:21 PM ET
- Size
- 11.1 KB