Real Industry, Inc. 4
4 · Real Industry, Inc. · Filed Feb 29, 2016
Insider Transaction Report
Form 4
Miller John A
EVP, Operations
Transactions
- Award
Common Stock
2016-02-25+22,256→ 46,686 total - Award
Restricted Stock Unit
2016-02-25+17,354→ 17,354 total→ Common Stock (17,354 underlying)
Footnotes (3)
- [F1]Shares of restricted common stock were issued under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan. Such shares will vest in three equal installments on each of March 17, 2017, March 16, 2018 and March 15, 2019.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F3]Issuance of shares subject to the restricted stock units is based on the Company's annualized total stockholder return ("TSR") relative to the TSR of the Russell 2000 Index of companies for the three-year performance period commencing on February 25, 2016 and ending February 24, 2019. The "target" number of shares to be issued pursuant to the restricted stock units is reported. Between 0% and 150% of the target number of shares may be issued, with the actual percentage determined based on actual performance. The restricted stock units were issued under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan.