SEC Form 4 · accession 0001422105-15-000173
Noranda Aluminum Holding CORP · NORN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan H Schumacher
Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 9:55 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 stockF1 | Jun 10, 2015 | A | 113 | $0.00 | A | 80,853 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jun 10, 2015 | A | 16 | A | — | — | Common stock | 16 | 2,154 | D |
Explanation of responses
- F1The shares reported were issued in lieu of dividend equivalents on restricted stock units (RSUs); the dividends were declared prior to the vesting date of the RSUs but paid after the vesting date.
- F2Each restricted stock unit is the economic equivalent of one share of Issuer common stock.
- F3This report relates to restricted stock units (RSUs) awarded in the form of dividend equivalents on unvested underlying RSUs awarded on January 1, 2015, and on unvested underlying RSUs previously awarded as dividend equivalents thereon. Subsequent to the grant date, these RSUs will vest at the same times, and in the same proportions, as the previously awarded RSUs to which they relate. One-third of the outstanding RSUs will vest on each of June 30, 2015, September 30, 2015, and December 31, 2015, respectively.