Noranda Aluminum Holding CORP 4
4 · Noranda Aluminum Holding CORP · Filed May 5, 2015
Insider Transaction Report
Form 4
Croft Scott M
Pres of Norandal
Transactions
- Exercise/Conversion
Common stock
2015-05-02+8,591→ 92,131 total - Tax Payment
Common stock
2015-05-02$3.35/sh−2,780$9,313→ 89,351 total - Exercise/Conversion
Restricted Stock
2015-05-02−8,591→ 25,774 totalExp: 2024-05-02→ Common stock (8,591 underlying)
Footnotes (2)
- [F1]Each share of restricted stock is the economic equivalent of one share of Issuer common stock.
- [F2]On May 2, 2014, the reporting person was granted 34,000 shares of restricted stock. On March 25, 2015, the reporting person was granted 111 additional shares of restricted stock in the form of dividend equivalents that, subsequent to the grant date, vest at the same times, and in the same proportions as the previously granted shares of restricted stock to which the dividend equivalent shares relate. One-fourth of the outstanding shares of restricted stock vested on May 2, 2015. One-third of the remaining shares of restricted stock (including shares of restricted stock subsequently granted as dividend equivalents) will vest on May 2, 2016, and two-thirds of the remaining shares of restricted stock (including shares of restricted stock subsequently granted as dividend equivalents) will vest on May 2, 2017.