CASTLE A M & CO 4
4 · CASTLE A M & CO · Filed Jul 28, 2015
Insider Transaction Report
Form 4
Scheinkman Steven W.
Other
Transactions
- Award
Employee Stock Option (right to buy)
2015-07-24+50,000→ 50,000 totalExercise: $3.92Exp: 2025-07-23→ Common Stock (50,000 underlying) - Award
Employee Stock Option (right to buy)
2015-07-24+180,000→ 180,000 totalExercise: $3.92Exp: 2025-07-23→ Common Stock (180,000 underlying) - Award
Restricted Stock Units
2015-07-24+65,000→ 65,000 total→ Common Stock (65,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of A.M. Castle & Co.
- [F2]The restricted stock units vest in full on December 31, 2017, provided the Reporting Person is employed by A.M. Castle & Co. on the vesting date.
- [F3]As awarded under the A.M. Castle & Co. 2015-2017 Long-Term Compensation Plan, one-third, or 60,000, options shall be vested on April 17, 2016, and exercisable on July 24, 2016, an additional one-third, or 60,000, options shall be vested and exercisable on April 17, 2017, and the final one-third, or 60,000, options shall be vested and exercisable on April 17, 2018, provided the Reporting Person is employed by A.M. Castle & Co. on each of the vesting dates.
- [F4]As awarded under the A.M. Castle & Co. 2015 Short-Term Incentive Plan, one-third, or 16,666, options shall be vested and exercisable on July 24, 2016, an additional one-third, or 16,667, options shall be vested and exercisable on July 24, 2017, and the final one-third, or 16,667, options shall be vested and exercisable on July 24, 2018, provided the Reporting Person is employed by A.M. Castle & Co. on each of the vesting dates.