4//SEC Filing
Real Industry, Inc. 4
Accession 0001209191-17-016210
CIK 0000038984operating
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 8:45 PM ET
Size
8.4 KB
Accession
0001209191-17-016210
Insider Transaction Report
Form 4
Hobey Michael
Executive Vice President/CFO
Transactions
- Award
Common Stock
2017-02-28+29,412→ 60,160 total - Award
Restricted Stock Units
2017-02-28+32,827→ 37,686 total→ Common Stock (32,827 underlying)
Footnotes (3)
- [F1]Shares of restricted common stock issued to Mr. Hobey as part of the Company's long-term incentive program under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan (the "Plan"). The number of shares represents $150,000 divided by the closing price of the Company's common stock on the grant date. Such shares will vest in three equal installments on each of March 16, 2018, March 15, 2019 and March 16, 2020.
- [F2]Each restricted stock unit represents the right to receive one share of common stock, at settlement.
- [F3]Restricted stock units ("RSUs") with a grant date fair value of $150,000 issued to Mr. Hobey under the Plan. Issuance of shares subject to the RSUs 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 28, 2017 and ending on February 27, 2020. The "target" number of shares to be issued pursuant to the RSUs is reported. Between 0% and 150% of the target number of shares may be issued, with the actual percentage determined based on actual performance.
Documents
Issuer
Real Industry, Inc.
CIK 0000038984
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000038984
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 8:45 PM ET
- Size
- 8.4 KB