SEC Form 4 · accession 0001422105-15-000263
Noranda Aluminum Holding CORP · NORN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julio C D Costa
Officer — Bauxite and Alumina Bus. Pres.
Period of report
Dec 7, 2015
Accepted (ET)
Dec 9, 2015 · 7:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001422105
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted StockF1,F3 | — | Dec 7, 2015 | D | 1 | D | — | Jul 1, 2018 | Common stock | 1 | 5,428 | D |
Explanation of responses
- F1Each share of restricted stock is the economic equivalent of one share of Issuer's common stock.
- F2Each 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.
- F3The reported transaction relates to shares of restricted stock granted on July 1, 2015. One-fourth of the outstanding shares of restricted stock will vest on each of July 1, 2016 and July 1, 2017, and the remaining one-half of the outstanding shares of restricted stock will vest on July 1, 2018.