SEC Form 4 · accession 0001533526-16-000070
GLOBAL BRASS & COPPER HOLDINGS, INC. · BRSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert T Micchelli
Officer — Chief Financial Officer
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001533526
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | May 26, 2016 | A | 5,893 | $0.00 | A | 57,532 | D | |
| Common Stock, par value $0.01 per shareF2 | May 29, 2016 | F | 1,053 | $26.66 | D | 56,479 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3,F4 | $26.97 | May 26, 2016 | A | 15,783 | A | — | May 26, 2026 | Common Stock par value, $0.01 per share | 15,783 | 15,783 | D |
Explanation of responses
- F1The Common Stock is restricted as of the date of grant. The shares will vest and become unrestricted in three equal installments over three years. The first third of the shares will vest on February 11, 2017, the second third on February 11, 2018 and the last third on February 11, 2019.
- F2Shares withheld by the Issuer to satisfy the minimum tax withholding requirements upon vesting of certain restricted stock granted on May 29, 2013.
- F3None of the options are vested or exercisable on the date of grant. The options will vest in three equal installments over three years. The first third of the options vest and become exercisable on February 11, 2017, the second third on February 11, 2018 and the last third on February 11, 2019.
- F4The options are exercisable immediately upon vesting. See footnote (1).