SEC Form 4 · accession 0001422105-16-000287
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
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 3:05 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 31, 2015 | M | 103 | $0.00 | A | 15,262 | 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,F2 | — | Dec 31, 2015 | M | 103 | D | Dec 31, 2015 | Dec 31, 2015 | Common stock | 103 | 0 | D |
Explanation of responses
- F1Each restricted stock unit is the economic equivalent of one share of the Issuer's common stock.
- F2The Restricted Stock Units (RSUs) initially were granted to the reporting person on January 1, 2015 and vested in four substantially equal tranches on the last day of each calendar quarter in 2015 (subject to slight variations due to dividend equivalents granted to the reporting person on March 25, 2015 and June 10, 2015). The number of shares underlying the RSUs reflect the one-for-seven reverse stock split of the Issuer's common stock that occurred on August 25, 2015, as well as the previously-reported cancellation of a fractional RSU in exchange for a cash payment.