Tronox Ltd 4
4 · Tronox Ltd · Filed Feb 26, 2016
Insider Transaction Report
Form 4
Tronox LtdTROX
Muglia Richard L
SVP, General Counsel and Secre
Transactions
- Award
Common Stock Class A
2016-02-24$3.80/sh+98,412$373,966→ 138,397 total
Holdings
- 135,927
Common Stock Class A
- 5,838
Common Stock Options (right to buy)
Exercise: $19.09Exp: 2023-02-25→ Class A Common Stock (5,838 underlying) - 21,666
Common Stock Options (right to buy)
Exercise: $21.98Exp: 2024-02-10→ Class A Common Stock (21,666 underlying)
Footnotes (3)
- [F1]The Restricted Share Units subject to this grant shall vest in equal annual portions on each of the next three (3) anniversaries of the Grant Date (each, a "Vesting Date") provided that the Participant is then providing services to the Company on each such Vesting Date. Dividends will be accrued until shares vest and paid at that time.
- [F2]As of February 25, 2016, 3,646 of previously granted restricted shares were eligible to vest. 2,470 of these previously granted restricted shares did not vest due to vesting criteria not being satisfied. Mr. Muglia paid cash to satisfy withholding tax obligations and received 1,176 shares.
- [F3]As reported on Form 3 filed 3/1/2014, the options vest in three equal installments on the anniversary date of the grant provided that Mr. Muglia is then providing services to the Company on each such vesting date.