Filing Details
- Accession Number:
- 0001209191-17-016208
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-01 20:44:38
- Reporting Period:
- 2017-02-27
- Filing Date:
- 2017-03-01
- Accepted Time:
- 2017-03-01 20:44:38
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 38984 | Real Industry Inc. | RELY | Wholesale-Electrical Apparatus & Equipment, Wiring Supplies (5063) | 463783818 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1495910 | Kyle Ross | 15301 Ventura Boulevard Suite 400 Sherman Oaks CA 91403 | President And Interim Ceo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2017-02-27 | 1,141 | $4.80 | 214,607 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2017-02-28 | 2,428 | $5.30 | 212,179 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-02-28 | 29,412 | $0.00 | 241,591 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | Acquisiton | 2017-02-28 | 32,827 | $0.00 | 32,827 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 51,916 | No | 4 | A | Direct |
Footnotes
- Automatic sale pursuant to a 10b5-1 Plan previously adopted by Mr. Ross to satisfy the tax withholding obligation on 2,500 previously issued shares of restricted stock that vested on February 24, 2017.
- Automatic sale pursuant to a 10b5-1 Plan previously adopted by Mr. Ross to satisfy the tax withholding obligation on 6,241 previously issued shares of restricted stock that vested on February 27, 2017.
- Shares of restricted common stock issued to Mr. Ross as part of the Company's long-term incentive program under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan (the "Plan"). The number of shares represents $150,000 divided by the closing price of the Company's common stock on the grant date. Such shares will vest in three equal installments on each of March 16, 2018, March 15, 2019 and March 16, 2020.
- Each restricted stock unit represents the right to receive one share of common stock, at settlement.
- Restricted stock units ("RSUs") with a grant date fair value of $150,000 issued to Mr. Ross under the Plan. Issuance of shares subject to the RSUs is based on the Company's annualized total stockholder return ("TSR") relative to the TSR of the Russell 2000 Index of companies for the three-year performance period commencing on February 28, 2017 and ending on February 27, 2020. The "target" number of shares to be issued pursuant to the RSUs is reported. Between 0% and 150% of the target number of shares may be issued, with the actual percentage determined based on actual performance.
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