Hale Wayne 4
4 · Noranda Aluminum Holding CORP · Filed Apr 12, 2013
Insider Transaction Report
Form 4
Hale Wayne
President-Upstream
Transactions
- Award
restricted stock
2013-04-12+47,000→ 110,550.043 total
Footnotes (1)
- [F1]Reports a total grant on April 12, 2013 of 47,000 shares of restricted stock. The grant is comprised of 13,000 unvested time-based restricted stock shares of stock, with 25% vesting on each of the first and second anniversaries of the grant date and 50% vesting on the third anniversary of the grant date; 13,000 unvested performance-based restricted shares of stock vesting on April 12, 2016; plus 21,000 shares of unvested restricted stock with vesting to occur if the price of a share of common stock is at least $10.00 for at least 20 consecutive trading days on or before April 12, 2016. The award is subject to partial or full acceleration upon certain terminations of employment.