Tronox Ltd 4
4 · Tronox Ltd · Filed Oct 3, 2016
Insider Transaction Report
Form 4
Tronox LtdTROX
Harper Katherine Carolyn
SVP, Chief Financial Officer
Transactions
- Tax Payment
Common Stock Class A
2016-09-30$9.37/sh−65,142$610,381→ 112,920 total
Holdings
- 26,894
Common Stock Options (right to buy)
Exercise: $21.98Exp: 2016-12-29→ Class A Common Stock (26,894 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of Ms. Harper's Separation Agreement filed with the SEC on July 15, 2016, on September 30, 2016, the Company accelerated the vesting of 144,692 of previously granted time-based restricted shares. The Company withheld 65,142 shares to satisfy withholding tax obligations and Ms. Harper received the balance of 79,550 shares.
- [F2]As originally reported on Ms. Harper's Form 4 filed February 12, 2014, pursuant to the terms of the grant, the options would vest in three equal installments on the anniversary date of the grant. Pursuant to the terms of Ms. Harper's Separation Agreement, the vesting of the final installment of 8,965 options was accelerated to September 30, 2016.
- [F3]Pursuant to the option award agreement, the original expiration date of February 10, 2024 was shortened to December 29, 2016.