SEC Form 4 · accession 0001533526-17-000006
GLOBAL BRASS & COPPER HOLDINGS, INC. · BRSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Wasz
Officer — Chief Executive Officer · Director
Period of report
Feb 9, 2017
Accepted (ET)
Feb 13, 2017 · 7:29 pm EST
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 | Feb 9, 2017 | A | 16,195 | $0.00 | A | 151,548 | D | |
| Common Stock, par value $0.01 per shareF2 | Feb 11, 2017 | F | 2,723 | $33.85 | D | 148,825 | D | |
| Common Stock, par value $0.01 per shareF3 | Feb 12, 2017 | F | 3,723 | $33.85 | D | 145,102 | 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)F4,F5 | $33.90 | Feb 9, 2017 | A | 44,380 | A | — | Feb 9, 2027 | Common Stock par value, $0.01 per share | 44,380 | 44,380 | 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 9, 2018, the second third on February 9, 2019 and the last third on February 9, 2020.
- F2Shares withheld by the Issuer to satisfy the minimum tax withholding requirements upon vesting of certain restricted stock granted on February 11, 2016 that vest in three equal installments on the first three anniversaries of the grant date.
- F3Shares withheld by the Issuer to satisfy the minimum tax withholding requirements upon vesting of certain restricted stock granted on February 12, 2015 that vest in three equal installments on the first three anniversaries of the grant date.
- F4None 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 9, 2018, the second third on February 9, 2019 and the last third on February 9, 2020.
- F5The options are exercisable immediately upon vesting. See footnote (4).