SEC Form 4 · accession 0001209191-15-024076
KAISER ALUMINUM CORP · KALU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melinda C Ellsworth
Officer — VP & Treasurer
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000811596
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 | Mar 5, 2015 | A | 1,002 | $0.00 | A | 4,587 | D | |
| Common Stock, par value $0.01 per shareF2 | Mar 5, 2015 | A | 851 | $0.00 | A | 5,438 | D | |
| Common Stock, par value $0.01 per share | Mar 5, 2015 | F | 373 | $75.41 | D | 5,065 | D | |
| Common Stock, par value $0.01 per share | Mar 5, 2015 | F | 536 | $75.41 | D | 4,529 | D | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 4,574 | I | By Ellsworth Revocable Living Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant to the reporting person effective as of March 5, 2015, of restricted stock under the Kaiser Aluminum Corporation Amended and Restated 2006 Equity and Performance Incentive Plan. All restrictions will lapse on March 5, 2018 or earlier upon the occurrence of certain specified circumstances.
- F2Shares earned upon the vesting on March 5, 2015 of certain performance shares granted to the reporting person in 2012 under the Kaiser Aluminum Corporation 2006 Equity and Performance Incentive Plan, as amended. On March 5, 2015, the Registrant's compensation committee certified the performance shares payout multiplier based on the level of achievement by the Registrant of a certain pre-established performance goal for 2012 through 2014.
- F3Shares withheld to satisfy the withholding tax obligations resulting from the vesting on March 5, 2015 of the above-referenced performance shares.
- F4Shares withheld to satisfy the withholding tax obligations resulting from the vesting on March 5, 2015 of certain shares granted to the reporting person in 2012 under the Kaiser Aluminum Corporation 2006 Equity and Performance Incentive Plan, as amended.