SEC Form 4 · accession 0001140361-16-056771
ACCURIDE CORP · ACW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard F Dauch
Officer — President & CEO · Director
Period of report
Mar 5, 2016
Accepted (ET)
Mar 7, 2016 · 4:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000817979
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 5, 2016 | M | 38,672 | $0.00 | A | 359,457 | D | |
| Common Stock | Mar 5, 2016 | F | 11,816 | $1.80 | D | 347,641 | D | |
| Common StockF1 | Mar 5, 2016 | M | 22,275 | $0.00 | A | 369,916 | D | |
| Common Stock | Mar 5, 2016 | F | 6,739 | $1.80 | D | 363,177 | D | |
| Common StockF1 | Mar 5, 2016 | M | 25,000 | $0.00 | A | 388,177 | D | |
| Common Stock | Mar 5, 2016 | F | 7,788 | $1.80 | D | 380,389 | D | |
| Common StockF1 | Mar 5, 2016 | M | 21,481 | $0.00 | A | 401,870 | D | |
| Common Stock | Mar 5, 2016 | F | 6,692 | $1.80 | D | 395,178 | D | |
| Common Stock | holding | — | — | — | 10,000 | I | By Spouse | |
| Common Stock | holding | — | — | — | 40,432 | I | Richard F. Dauch Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF5,F2 | — | Mar 5, 2016 | M | 38,672 | D | — | — | Common Stock | 38,672 | 11,604 | D |
| Restricted Stock UnitF3 | — | Mar 5, 2016 | M | 22,275 | D | — | — | Common Stock | 22,275 | 44,550 | D |
| Restricted Stock UnitF4 | — | Mar 5, 2016 | M | 25,000 | D | — | — | Common Stock | 25,000 | 75,000 | D |
| Restricted Stock UnitF6 | — | Mar 5, 2016 | M | 21,481 | D | — | — | Common Stock | 21,481 | 85,924 | D |
Explanation of responses
- F1Shares were acquired upon the vesting and conversion of Restricted Stock Units, which were received as a grant for which no consideration was paid.
- F2Each Restricted Stock Unit ("RSU"), which was granted on 3/5/12, represents a contingent right to receive one share of Accuride common stock. 20% of the total number of RSU's granted vested on 3/5/13, 20% of the total number of RSU's granted vested on 3/5/14, 20% of the total number of RSU's granted vested on 3/5/15, and the remaining 40% of the RSU's granted vested on 3/5/16.
- F3Each Restricted Stock Unit ("RSU"), which was granted on 3/21/13, represents a contingent right to receive one share of Accuride common stock. 20% of the total number of RSU's granted vested on 3/5/14, 20% of the total number of RSU's granted vested on 3/5/15 and 20% of the total number of RSU's granted vested on 3/5/16. Subject to the recipient's continued service to the Company, the remaining 40% of the RSU's granted will vest on 3/5/17.
- F4Each Restricted Stock Unit ("RSU") which was granted on 3/22/14, represents a contingent right to receive one share of Accuride common stock. 20% of the total number of RSU's granted vested on 3/5/15 and 20% of the total number of RSU's granted vested on 3/5/16. Subject to the recipient's continued service to the Company, 20% of the total number of RSU's granted will vest on 3/5/17, and the remaining 40% of the RSU's granted will vest on 3/5/18.
- F5Shares that have been indefinitely deferred pursuant to the terms of the Award Agreement relating to Section 162(m) of the tax code.
- F6Each Restricted Stock Unit ("RSU") which was granted on 2/25/2015 represents a contingent right to receive one share of Accuride common stock. 20% of the total number of RSU's granted vested on 3/5/16. Subject to the recipient's continued service to the Company, 20% of the total number of RSU's granted will vest on 3/5/17, 20% of the total number of RSU's granted will vest on 3/5/18, and the remaining 40% of the RSU's granted will vest on 3/5/19.