Noranda Aluminum Holding CORP 4
4 · Noranda Aluminum Holding CORP · Filed Oct 2, 2015
Insider Transaction Report
Form 4
EVANS RICHARD B
Director
Transactions
- Disposition to Issuer
Common stock
2015-09-30$1.64/sh−0.43$1→ 28,056 total - Exercise/Conversion
Common stock
2015-09-30+338.43→ 28,056.43 total - Exercise/Conversion
Restricted Stock Units
2015-09-30−338.43→ 338.43 totalExp: 2015-12-31→ Common stock (338.43 underlying)
Footnotes (4)
- [F1]The number of securities shown in this report reflects the one-for-seven reverse stock split of the Issuer's common stock that occurred on August 25, 2015.
- [F2]Represents cash payment to the reporting person in lieu of fractional share.
- [F3]Each restricted stock unit is the economic equivalent of one share of Issuer common stock.
- [F4]On December 3, 2014, the reporting person was granted 1,339.3 restricted stock units ("RSUs"). On March 25, 2015 and June 10, 2015, the reporting person was granted 4.3 and 7.4 additional RSUs, respectively, in the form of dividend equivalents that vest at the same time and in the same proportions as the previously granted RSUs. Twenty-five percent of outstanding RSUs vested on each of March 31, 2015, June 30, 2015, and September 30, 2015. The remaining RSUs will vest on December 31, 2015.