|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) | 07/24/2015 | A | 65,000 | (2) | (2) | Common Stock | 65,000 | $ 0 | 65,000 | D | ||||
Employee Stock Option (right to buy) | $ 3.92 | 07/24/2015 | A | 180,000 | (3) | 07/23/2025 | Common Stock | 180,000 | $ 0 | 180,000 | D | ||||
Employee Stock Option (right to buy) | $ 3.92 | 07/24/2015 | A | 50,000 | (4) | 07/23/2025 | Common Stock | 50,000 | $ 0 | 50,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Scheinkman Steven W. 1420 KENSINGTON ROAD SUITE 220 OAK BROOK, IL 60523 |
X | President and CEO |
Marec E. Edgar, Attorney-in-Fact | 07/28/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each restricted stock unit represents a contingent right to receive one share of common stock of A.M. Castle & Co. |
(2) | The restricted stock units vest in full on December 31, 2017, provided the Reporting Person is employed by A.M. Castle & Co. on the vesting date. |
(3) | As awarded under the A.M. Castle & Co. 2015-2017 Long-Term Compensation Plan, one-third, or 60,000, options shall be vested on April 17, 2016, and exercisable on July 24, 2016, an additional one-third, or 60,000, options shall be vested and exercisable on April 17, 2017, and the final one-third, or 60,000, options shall be vested and exercisable on April 17, 2018, provided the Reporting Person is employed by A.M. Castle & Co. on each of the vesting dates. |
(4) | As awarded under the A.M. Castle & Co. 2015 Short-Term Incentive Plan, one-third, or 16,666, options shall be vested and exercisable on July 24, 2016, an additional one-third, or 16,667, options shall be vested and exercisable on July 24, 2017, and the final one-third, or 16,667, options shall be vested and exercisable on July 24, 2018, provided the Reporting Person is employed by A.M. Castle & Co. on each of the vesting dates. |
Remarks: Exhibit 24: Power of Attorney |