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AMERICAN AXLE & MANUFACTURING HOLDINGS INC 4

Accession 0001062231-06-000037

$AXLCIK 0001062231operating

Filed

Mar 16, 7:00 PM ET

Accepted

Mar 17, 2:15 PM ET

Size

10.1 KB

Accession

0001062231-06-000037

Insider Transaction Report

Form 4
Period: 2006-03-15
RAHANGDALE YOGENDRA N
Vice Chairman & CTO
Transactions
  • Award

    Common Stock

    2006-03-15+15,00024,200 total
  • Award

    Restricted Stock Units

    2006-03-15+10,00015,800 total
    Exp: 2016-03-15Common Stock (10,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2006-03-15+42,00042,000 total
    Exercise: $15.58Exp: 2016-03-15Common Stock (42,000 underlying)
Footnotes (4)
  • [F1]Upon vesting, each restricted stock unit will be converted and distributed to the reporting person in cash equal to the then current market value of one share of AAM common stock, subject to tax withholdings.
  • [F2]The restricted stock units will vest on the fifth anniversary of the grant date, unless vesting is accelerated at the end of the third or fourth year of the grant. Accelerated vesting will be contingent upon the Company's achievement of pre-determined performance goals, measured by total stockholder return (TSR) as compared to the TSR of the Company's competitor peer group.
  • [F3]Includes 2,800 restricted stock units granted on March 15, 2005 under the same terms as described in footnotes 1 and 2 above.
  • [F4]The options vest in three approximately equal annual installments beginning March 15, 2007.

Issuer

AMERICAN AXLE & MANUFACTURING HOLDINGS INC

CIK 0001062231

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001062231

Filing Metadata

Form type
4
Filed
Mar 16, 7:00 PM ET
Accepted
Mar 17, 2:15 PM ET
Size
10.1 KB