SEC Form 4 · accession 0001140361-15-028880
CASTLE A M & CO · CTAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven W. Scheinkman
Officer — President and CEO · Director
Period of report
Jul 24, 2015
Accepted (ET)
Jul 28, 2015 · 5:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000018172
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Jul 24, 2015 | A | 65,000 | A | — | — | Common Stock | 65,000 | 65,000 | D |
| Employee Stock Option (right to buy)F3 | $3.92 | Jul 24, 2015 | A | 180,000 | A | — | Jul 23, 2025 | Common Stock | 180,000 | 180,000 | D |
| Employee Stock Option (right to buy)F4 | $3.92 | Jul 24, 2015 | A | 50,000 | A | — | Jul 23, 2025 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock of A.M. Castle & Co.
- F2The restricted stock units vest in full on December 31, 2017, provided the Reporting Person is employed by A.M. Castle & Co. on the vesting date.
- F3As awarded under the A.M. Castle & Co. 2015-2017 Long-Term Compensation Plan, one-third, or 60,000, options shall be vested on April 17, 2016, and exercisable on July 24, 2016, an additional one-third, or 60,000, options shall be vested and exercisable on April 17, 2017, and the final one-third, or 60,000, options shall be vested and exercisable on April 17, 2018, provided the Reporting Person is employed by A.M. Castle & Co. on each of the vesting dates.
- F4As awarded under the A.M. Castle & Co. 2015 Short-Term Incentive Plan, one-third, or 16,666, options shall be vested and exercisable on July 24, 2016, an additional one-third, or 16,667, options shall be vested and exercisable on July 24, 2017, and the final one-third, or 16,667, options shall be vested and exercisable on July 24, 2018, provided the Reporting Person is employed by A.M. Castle & Co. on each of the vesting dates.
Remarks
Exhibit 24: Power of Attorney