SEC Form 4 · accession 0001127602-15-002637
AK STEEL HOLDING CORP · AKS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph C Alter
Officer — VP Gen Counsel & Chf Compl Off
Period of report
Jan 21, 2015
Accepted (ET)
Jan 23, 2015 · 6:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000918160
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 21, 2015 | A | 12,900 | $0.00 | A | 34,265 | D | |
| Common Stock | Jan 22, 2015 | F | 723 | $4.02 | D | 33,542 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $3.975 | Jan 21, 2015 | A | 15,600 | A | Jan 21, 2016 | Jan 21, 2025 | Common Stock | 15,600 | 15,600 | D |
| Performance SharesF2,F1 | — | Jan 21, 2015 | A | 9,700 | A | Dec 31, 2017 | Dec 31, 2017 | Common Stock | 9,700 | 9,700 | D |
Explanation of responses
- F1Each Performance Share represents a contingent right to receive 0 to 1.5 shares of Common Stock. The conversion rate (0, .5, 1 or 1.5) ultimately applied to these Performance Shares will be determined based on the compounded annual growth rate ("CAGR") of the Common Stock between January 1, 2015 and December 31, 2017 (the "Performance Period").
- F2Each Performance Share represents a contingent right to receive 0 to 1.5 shares of Common Stock. The conversion rate (0, .5, 1 or 1.5) ultimately applied to these Performance Shares will be determined based on the compounded annual growth rate ("CAGR") of the Common Stock between January 1, 2015 and December 31, 2017 (the "Performance Period").