Sparks Kenneth Wayne 4
4 · ACCURIDE CORP · Filed May 22, 2012
Insider Transaction Report
Form 4
Sparks Kenneth Wayne
Sr. VP-Brillion & Gunite
Transactions
- Exercise/Conversion
Common Stock
2012-05-18+2,881→ 7,881 total - Exercise/Conversion
Restricted Stock Unit
2012-05-18+2,881→ 11,528 total→ Common Stock (2,881 underlying) - Tax Payment
Common Stock
2012-05-18$5.65/sh−888$5,017→ 6,993 total
Footnotes (2)
- [F1]Shares were acquired upon the vesting and conversion of Restricted Stock Units, which were received as a grant for which no consideration was paid.
- [F2]Each Restricted Stock Unit ("RSU"), which was granted on 4/28/11, represents a contingent right to receive one share of Accuride common stock. 20% of the total number of RSU's granted on April 28, 2011 vested on May 18, 2012, 20% of the total number of RSU's granted will vest on May 18, 2013, 20% of the total number of RSU's granted will vest on May 18, 2014 and the remaining 40% of the RSU's granted will vest on May 18, 2015.