Aleris International, Inc. 4
4 · Aleris International, Inc. · Filed Dec 17, 2004
Insider Transaction Report
Form 4
Friday Michael D
Executive VP and CFO
Transactions
- Award
Restricted Common Stock, par value $0.10 per share
2004-12-15$15.40/sh+6,250$96,250→ 47,000 total - Award
Employee Stock Option (Right to Buy)
2004-12-15$15.40/sh+62,500$962,500→ 62,500 totalExercise: $15.40Exp: 2014-12-15→ Common Stock, par value $0.10 per share (62,500 underlying)
Footnotes (3)
- [F1]Restricted shares of Common Stock, with 100% of the grant becoming unrestricted on the third anniversary following the date of grant.
- [F2]Restricted shares of Common Stock, with 100% of the grant becoming unrestricted 5 years from the date of grant, but accelerated vesting possible after three years from grant upon achievement of certain performance-based targets.
- [F3]Stock options vest on a pro-rata basis over a three-year period.