Noranda Aluminum Holding CORP 4
4 · Noranda Aluminum Holding CORP · Filed Jun 12, 2015
Insider Transaction Report
Form 4
Brooks William H JR
Director
Transactions
- Tax Payment
Common stock
2015-06-10$1.34/sh−32$43→ 133,069 total - Award
Common stock
2015-06-10+113→ 133,101 total - Award
Restricted Stock Units
2015-06-10+55→ 7,385 total→ Common stock (55 underlying)
Footnotes (3)
- [F1]The shares reported were issued in lieu of dividend equivalents on restricted stock units (RSUs); the dividends were declared prior to the vesting date of the RSUs but paid after the vesting date.
- [F2]Each restricted stock unit is the economic equivalent of one share of Issuer common stock.
- [F3]This report relates to restricted stock units (RSUs) awarded in the form of dividend equivalents on unvested underlying RSUs awarded on December 2, 2014, and on unvested underlying RSUs previously awarded as dividend equivalents thereon. Subsequent to the grant date, these RSUs will vest at the same times, and in the same proportions, as the previously awarded RSUs to which they relate. One-third of the outstanding RSUs will vest on each of June 30, 2015, September 30, 2015, and December 31, 2015, respectively.