4//SEC Filing
Noranda Aluminum Holding CORP 4
Accession 0001422105-15-000262
CIK 0001422105operating
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 7:55 PM ET
Size
15.9 KB
Accession
0001422105-15-000262
Insider Transaction Report
Form 4
Smith Layle Kiplind
DirectorPres/CEO
Transactions
- Disposition to Issuer
Restricted Stock
2015-12-07−0.43→ 23,513 total→ Common stock (0.43 underlying) - Disposition to Issuer
Employee stock option (right to buy)
2015-12-07−0.43→ 28,571 totalExercise: $7.98Exp: 2019-11-12→ Common stock (0.43 underlying) - Disposition to Issuer
Restricted Stock
2015-12-07−0.14→ 4,745 total→ Common stock (0.14 underlying) - Disposition to Issuer
Restricted Stock
2015-12-07−0.21→ 14,974 total→ Common stock (0.21 underlying) - Disposition to Issuer
Restricted Stock
2015-12-07−0.29→ 17,825 total→ Common stock (0.29 underlying)
Footnotes (8)
- [F1]Each share of restricted stock is the economic equivalent of one share of Issuer's common stock.
- [F2]Each of the fractional shares of restricted stock were cancelled by the issuer on December 7, 2015 in exchange for a cash payment equal to the fraction multiplied by $0.59, the closing market price per share of the Issuer's common stock as reported by OTC Pink Marketplace on December 7, 2015.
- [F3]The reported transaction relates to shares of restricted stock initially granted on April 12, 2013 and additional dividend equivalent shares granted through June 10, 2015. All remaining outstanding shares of restricted stock will vest on April 12, 2016.
- [F4]The reported transaction relates to shares of shareholder return performance-based restricted stock initially granted on April 12, 2013 and additional dividend equivalent shares granted through June 10, 2015. The shareholder return performance-based restricted stock vests on the third anniversary of the date of the grant, provided that the price of a share of Issuer common stock is at least $70.00 for a 20 consecutive trading day period ending on or prior to the third anniversary of the date of the grant.
- [F5]The reported transaction relates to shares of restricted stock initially granted on May 2, 2014 and additional dividend equivalent shares granted through June 10, 2015. One-third of the outstanding shares of restricted stock will vest on May 2, 2016, and the remaining two-thirds of the outstanding shares of restricted stock will vest on May 2, 2017.
- [F6]The reported transaction relates to shares of restricted stock initially granted on May 18, 2015 and additional dividend equivalent shares granted through June 10, 2015. One-fourth of the outstanding shares of restricted stock will vest on each of May 18, 2016 and May 18, 2017, and the remaining one-half of the outstanding shares of restricted stock will vest on May 18, 2018.
- [F7]The fractional share underlying the stock option was cancelled by the Issuer on December 7, 2015 in exchange for a cash payment equal to the fraction multiplied by $0.59, the closing market price per share of the Issuer's common stock as reported by OTC Pink Marketplace on December 7, 2015.
- [F8]The reported transaction relates to the employee stock option granted on November 12, 2009. The option has vested.
Documents
Issuer
Noranda Aluminum Holding CORP
CIK 0001422105
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001422105
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 7:55 PM ET
- Size
- 15.9 KB