Noranda Aluminum Holding CORP 4
4 · Noranda Aluminum Holding CORP · Filed May 20, 2015
Insider Transaction Report
Form 4
Smith Layle Kiplind
DirectorPres/CEO
Transactions
- Exercise/Conversion
Common stock
2015-05-18$1.14/sh+200,000$228,000→ 682,885 total - Award
Restricted Stock
2015-05-18+163,375→ 163,375 totalExp: 2025-05-18→ Common stock (163,375 underlying) - Exercise/Conversion
Employee stock option (right to buy)
2015-05-18+200,000→ 0 totalExercise: $1.14Exp: 2018-03-03→ Common stock (200,000 underlying)
Footnotes (3)
- [F1]Each share of restricted stock is the economic equivalent of one share of Issuer common stock.
- [F2]The restricted stock vests as to 25% of the shares on each of the first and second anniversaries of the May 18, 2015 grant date. The remaining 50% of the shares vests on the third anniversary of the grant date.
- [F3]The option, which was granted on March 3, 2008 and represented a right to purchase a total of 200,000 shares, became exercisable in equal annual installments on each of the first five anniversaries of the date of grant.