4//SEC Filing
Coughlin Kevin 4
Accession 0001140361-10-013101
CIK 0000018172other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 4:43 PM ET
Size
12.7 KB
Accession
0001140361-10-013101
Insider Transaction Report
Form 4
Coughlin Kevin
Vice President, Operations
Transactions
- Award
Performance Share Unit
2010-03-18+1,950→ 1,950 total→ Common Stock (1,950 underlying) - Award
Employee Stock Option (right to buy)
2010-03-18+3,700→ 3,700 totalExercise: $12.79From: 2013-03-18Exp: 2018-03-17→ Common Stock (3,700 underlying) - Award
Restricted Stock Units
2010-03-18+1,950→ 1,950 total→ Common Stock (1,950 underlying)
Holdings
- 12,122
Common Stock
- 531.17(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]Between February 27, 2009 and February 28, 2010, the reporting person acquired 3.11 shares of common stock under the A. M. Castle & Co. 401(k) Plan. The information in this report is based upon a plan statement dated as of February 28, 2010.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock of A. M. Castle & Co. (the "Company").
- [F3]The restricted stock units vest in full on December 31, 2012, provided the reporting person is employed by A. M. Castle & Co. on the vesting date.
- [F4]Each performance share unit (PSU) represents a contingent right to receive one share of A. M. Castle & Co. common stock.
- [F5]The grant amount of 1,950 PSUs assumes 100% vesting. Since payout for PSUs can range from 0% to 200%, the maximum number of shares that could vest and be distributed is 3,900.
- [F6]The PSUs will vest on December 31, 2012, if the reporting person remains employed by the Company over the performance period and the Company determines that it achieved certain total shareholder return ("TSR") performance goals. The performance period begins on January 1, 2010 and ends December 31, 2012. Once vested, payout for PSU's can range from 0% to 200% based on the Company's relative TSR over the performance period as compared to a group of peer companies. TSR is measured generally as the increase or decrease in the market value of Company common stock, including the reinvestment of dividends.
Documents
Issuer
CASTLE A M & CO
CIK 0000018172
Entity typeother
Related Parties
1- filerCIK 0001416443
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 4:43 PM ET
- Size
- 12.7 KB