SEC Form 4 · accession 0001422105-15-000057
Noranda Aluminum Holding CORP · NORN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald S Rolfe
Director
Period of report
Mar 25, 2015
Accepted (ET)
Mar 31, 2015 · 11:53 am 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 |
|---|---|---|---|---|---|---|---|---|
| Common stock | Mar 26, 2015 | P | 86 | $3.04 | A | 26,286 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent UnitsF1,F2 | — | Mar 25, 2015 | A | 49 | A | — | Jun 1, 2024 | Common stock | 49 | 15,116 | D |
| Dividend Equivalent UnitsF1,F3 | — | Mar 25, 2015 | A | 32 | A | — | Dec 31, 2020 | Common stock | 32 | 9,773 | D |
Explanation of responses
- F1The dividend equivalent units ("DEUs") accrued on previously awarded restricted stock units ("RSUs") and vest in the same manner as the RSUs to which they relate. Each DEU is the economic equivalent of one share of NOR common stock.
- F2The dividend equivalent units vest fully as common stock on 6/1/2015, subject to acceleration upon certain terminations of service.
- F3The dividend equivalent units vest at the same time and in the same proportion as the restricted stock units ("RSUs") they relate to, subject to acceleration upon certain terminations of service.