SEC Form 4 · accession 0001104659-15-040785
AXIALL CORP/DE/ · AXLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Carrico
Officer — President & CEO · Director
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 5:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000805264
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| AXLL Common StockF1 | May 21, 2015 | A | 7,754 | $0.00 | A | 261,195 | D | |
| AXLL Common StockF2 | May 21, 2015 | F | 3,719 | $35.90 | D | 257,476 | D | |
| AXLL Common StockF3 | May 22, 2015 | A | 108,085 | $0.00 | A | 365,561 | D | |
| AXLL Common StockF2 | May 22, 2015 | F | 51,827 | $35.97 | D | 313,734 | D | |
| AXLL Common Stock | holding | — | — | — | 80,000 | I | Held by The Carrico Family Trust | |
| AXLL Common Stock | holding | — | — | — | 66,000 | I | Held by Mr. Carrico's Spouse | |
| AXLL Common Stock | holding | — | — | — | 45 | I | Held by 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vesting of one-third of the performance restricted stock units granted to the reporting person on May 21, 2013, for which the Company's Adjusted EBITDA is the performance restriction.
- F2Payment of a tax liability by delivering or withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3.
- F3Vesting of performance leveraged units, also known as "PLUs", granted by the issuer to the reporting person on May 21, 2012, for which the number of shares issued at vesting was based solely on the performance of the issuer's stock price.