Scheinkman Steven W. 4
4 · A. M. Castle & Co. · Filed Jan 14, 2020
Insider Transaction Report
Form 4
Scheinkman Steven W.
Other
Transactions
- Other
Common Stock
2020-01-01+607,035→ 607,127 total - Other
Convertible Notes
2020-01-01Exercise: $3.77From: 2017-08-31Exp: 2022-08-31→ Common Stock (262,031 underlying)
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock upon accelerated vesting of restricted stock that was granted on August 31, 2017 with a 3-year vesting period pursuant to the A.M. Castle & Co. Management Incentive Plan, which vesting accelerated to January 1, 2020 upon the Reporting Person's retirement as Chief Executive Officer of the Issuer in accordance with the terms of a Retirement Agreement and Release between the Reporting Person and the Issuer.
- [F2]Represents the Issuer's 5.00%/7.00% Convertible Senior Secured Paid-in-Kind Toggle Notes due 2022 that were granted to the Reporting Person on August 31, 2017 with a 3-year vesting period pursuant to the A.M. Castle & Co. Management Incentive Plan, which vesting accelerated to January 1, 2020 upon the Reporting Person's retirement as Chief Executive Officer of the Issuer in accordance with the terms of a Retirement Agreement and Release between the Reporting Person and the Issuer.
- [F3]Represents $840,000 in principal amount originally granted to the Reporting Person on August 31, 2017, plus accrued pain-in-kind interest through December 31, 2019.