SEC Form 4 · accession 0001422105-15-000078
Noranda Aluminum Holding CORP · NORN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott M Croft
Officer — Pres-Primary & Added Value Bus
Period of report
Apr 12, 2015
Accepted (ET)
Apr 14, 2015 · 2:00 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 |
|---|---|---|---|---|---|---|---|---|
| Common stock | Apr 12, 2015 | M | 3,381 | $0.00 | A | 84,635 | D | |
| Common stockF1 | Apr 12, 2015 | F | 1,095 | $3.22 | D | 83,540 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted StockF2,F3 | — | Apr 12, 2015 | M | 3,381 | D | — | Apr 12, 2023 | Common stock | 3,381 | 6,764 | D |
Explanation of responses
- F1In addition to reflecting the effect of the reported transactions, the number of shares set forth in this column were adjusted in the reporting person's previous Form 4, filed on March 31, 2015, to correct previous computation errors.
- F2Each share of restricted stock is the economic equivalent of one share of Issuer common stock.
- F3On April 12, 2013, the reporting person was granted 13,000 shares of restricted stock. On March 25, 2015, the reporting person was granted 33 additional shares of restricted stock in the form of dividend equivalents that, subsequent to the grant date, vest at the same times, and in the same proportions as the previously granted shares of restricted stock to which the dividend equivalent shares relate. One-third of the outstanding shares of restricted stock vested on April 12, 2015. The remaining shares of restricted stock will vest April 12, 2016.