SEC Form 4 · accession 0001140361-16-056789
ACCURIDE CORP · ACW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott D. Hazlett
Officer — President, Wheels
Period of report
Mar 5, 2016
Accepted (ET)
Mar 7, 2016 · 4:51 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 | 8,438 | $0.00 | A | 26,744 | D | |
| Common Stock | Mar 5, 2016 | F | 3,114 | $1.80 | D | 23,630 | D | |
| Common StockF1 | Mar 5, 2016 | M | 5,101 | $0.00 | A | 28,731 | D | |
| Common Stock | Mar 5, 2016 | F | 1,883 | $1.80 | D | 26,848 | D | |
| Common StockF1 | Mar 5, 2016 | M | 5,849 | $0.00 | A | 32,697 | D | |
| Common Stock | Mar 5, 2016 | F | 2,159 | $1.80 | D | 30,538 | D | |
| Common StockF1 | Mar 5, 2016 | M | 5,095 | $0.00 | A | 35,633 | D | |
| Common Stock | Mar 5, 2016 | F | 1,881 | $1.80 | D | 33,752 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | — | Mar 5, 2016 | M | 8,438 | D | — | — | Common Stock | 8,438 | 0 | D |
| Restricted Stock UnitF3 | — | Mar 5, 2016 | M | 5,101 | D | — | — | Common Stock | 5,101 | 10,201 | D |
| Restricted Stock UnitF4 | — | Mar 5, 2016 | M | 5,849 | D | — | — | Common Stock | 5,849 | 17,546 | D |
| Restricted Stock UnitF5 | — | Mar 5, 2016 | M | 5,095 | D | — | — | Common Stock | 5,095 | 20,376 | 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, and 20% of the total number of RSU's granted vested on 3/5/15. 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 2/26/14, 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.
- F5Each 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.