SEC Form 4 · accession 0001422105-15-000269
Noranda Aluminum Holding CORP · NORN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
William H Brooks Jr.
Director
Period of report
Dec 7, 2015
Accepted (ET)
Dec 9, 2015 · 7:56 pm EST
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 | Dec 7, 2015 | M | 1 | $14.00 | A | 126,058 | 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 UnitsF1,F3 | — | Dec 7, 2015 | D | 0 | D | — | Dec 31, 2015 | Common stock | 0 | 351 | D |
| Right to purchaseF4 | $14.00 | Dec 7, 2015 | D | 1 | D | — | May 29, 2017 | Common stock | 1 | 9,728 | D |
| Right to purchaseF6 | $14.00 | Dec 7, 2015 | D | 1 | D | — | May 29, 2017 | Common stock | 1 | 9,728 | D |
Explanation of responses
- F1Each restricted stock unit is the economic equivalent of one share of Issuer common stock.
- F2The fractional restricted stock unit was 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 units (RSUs) initially granted on December 2, 2014 and additional dividend equivalent units granted through June 10, 2015. All remaining outstanding RSUs will vest on December 31, 2015.
- F4The reported transaction relates to the director stock option granted on May 29, 2007. The option has vested in five equal annual increments through 2012.
- F5The fractional share underlying the stock option was 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.
- F6The reported transaction relates to the director stock option granted on May 29, 2007. The option has vested upon achievement of the applicable performance target.