Noranda Aluminum Holding CORP 4
4 · Noranda Aluminum Holding CORP · Filed Oct 7, 2013
Insider Transaction Report
Form 4
Hale Wayne
President-Upstream
Transactions
- Other
restricted stock
2013-10-03$2.29/sh−957.653$2,193→ 25,658.121 total - Tax Payment
restricted stock
2013-10-03$2.29/sh−363$831→ 26,615.774 total - Other
Common stock
2013-10-03$2.29/sh+957$2,192→ 13,719 total - Tax Payment
Common stock
2013-10-03$2.29/sh−1,830$4,191→ 11,526 total
Footnotes (5)
- [F1]This represents the shares withheld to pay for taxes on that portion of the vested Time-Based Restricted Stock DEUs awarded on 11/22/11, 3/21/12, 5/30/12, 8/29/12, 11/28/12, 3/27/13, 5/29/13, 8/28/13 that are applicable to the Common Stock awarded on 10/03/11 as shown in the Form 3 filing of the same date and the T-B RS awarded on 3/6/12 and 4/12/13.
- [F2]This represents the unvested Time-Based Restricted Stock and Time-Based Restricted Stock DEUs initially filed as "Restricted Stock." This amount does not include the initial award on 10/03/11 of 26,762 of Time-Based Restricted Stock of which 6,691 vested on 10/03/13 and 10/03/12. These amounts were already classified as Common Stock on the initial filing on the Form 3 filed on 10/03/11. The remaining 13,380 of the initial 26,762, will not vest until 10/03/14. It is not included in this amount since it was initially filed under Common Stock on 10/03/11 and needs to accurately be reflected under the appropriate filing. This amount includes all subsequent T-B RS awards and T-B RS DEUs awarded that are subject to the vesting schedule of any original RS award and to acceleration upon certain terminations of service.
- [F3]This represents the shares withheld to pay for taxes on the Common Stock that vested on 10/03/13 in the sum of 6,691 of which 1,830 were withheld for taxes, leaving net shares of 4,861.
- [F4]This transaction represents the vesting of Time-Based Restricted Stock DEUs awarded on the initial award of 26,762 shown on Form 3 filed 10/03/11. This is to remove those shares from the Restricted Stock classification and accurately report them as Common Stock as a result of their vesting.
- [F5]This is to accurately record those shares previously shown as Restricted Stock and convert them into Common Stock as a result of their vesting on 10/03/13.