Wright Leigh Alexander 4
4 · ACCURIDE CORP · Filed Mar 7, 2012
Insider Transaction Report
Form 4
Wright Leigh Alexander
Sr. VP/Accuride Wheels
Transactions
- Award
Restricted Stock Units
2012-03-05+18,632→ 18,632 total→ Common Stock (18,632 underlying) - Award
Stock Option (Right to buy)
2012-03-05+9,540→ 9,540 totalExercise: $8.00Exp: 2022-03-05→ Common Stock (9,540 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Accuride stock. Subject to the recipient's continued service to the company, 20% of the total number of RSU's granted will vest on March 5, 2013, an additional 20% of the RSU's granted will vest on March 5, 2014, an additional 20% of the RSU's granted will vest on March 5, 2015; and the final 40% of the RSU's granted will vest on March 5, 2016.
- [F2]Subject to the recipient's continued service to the company, 1/3rd of the shares will vest on March 5, 2013, an additional 1/3rd of the shares will vest on March 5, 2014; and the final 1/3rd of the shares will vest on March 5, 2015.