SEC Form 4 · accession 0001422105-16-000293
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
Jan 6, 2016
Accepted (ET)
Jan 20, 2016 · 4:32 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 stockF1 | Jan 6, 2016 | M | 1,357 | $0.00 | A | 1,357 | D | |
| Common stockF1 | Jan 6, 2016 | A | 618 | $0.00 | A | 1,975 | 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,F1 | — | Jan 6, 2016 | M | 1,357 | D | — | Jul 1, 2018 | Common stock | 1,357 | 0 | D |
Explanation of responses
- F1Mr. Costa's employment with the Issuer was terminated on January 6, 2016. In accordance with the severance terms of the relevant restricted stock agreements, a portion of the time-vesting and performance-vesting restricted stock previously awarded to Mr. Costa vested on the date of his termination. The remainder of his restricted stock awards was cancelled.
- F2Each restricted stock is the economic equivalent of one share of Issuer common stock.