SEC Form 4 · accession 0001422105-15-000026
Noranda Aluminum Holding CORP · NORN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Layle Kiplind Smith
Officer — CEO · Director
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 5:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001422105
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| restricted stock | Mar 6, 2015 | J | 33,955 | $0.00 | D | 49,820 | D | |
| Common stockF1,F2 | Mar 6, 2015 | J | 33,955 | $0.00 | A | 609,899 | D | |
| Common stockF3 | Mar 6, 2015 | F | 14,211 | $2.96 | D | 595,688 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The first two rows of this filing report the vesting of 50% of the shares of restricted stock initially granted on March 6, 2012, together with related dividend equivalent units. While the restricted stock was reported in Table I at the time of grant, it was incorrectly designated as restricted stock rather than common stock. Therefore, common stock totals in previous Forms 4 did not reflect the shares of restricted stock previously granted.
- F2Reflects an increase in common stock equivalent to the number of shares of restricted stock that have vested. As explained in footnote 1, the shares of restricted stock were erroneously excluded from the amounts of common stock previously reported as held by the reporting person. Fractional shares of restricted stock were settled in cash.
- F3Reflects the number of shares withheld to pay for taxes as a result of the vesting of restricted stock on 3/6/2015.