0000899243-16-015693.txt : 20160310
0000899243-16-015693.hdr.sgml : 20160310
20160310163951
ACCESSION NUMBER: 0000899243-16-015693
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160308
FILED AS OF DATE: 20160310
DATE AS OF CHANGE: 20160310
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AXIALL CORP/DE/
CENTRAL INDEX KEY: 0000805264
STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821]
IRS NUMBER: 581563799
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1000 ABERNATHY ROAD NE
STREET 2: SUITE 1200
CITY: ATLANTA
STATE: GA
ZIP: 30328
BUSINESS PHONE: 7703954500
MAIL ADDRESS:
STREET 1: 1000 ABERNATHY ROAD NE
STREET 2: SUITE 1200
CITY: ATLANTA
STATE: GA
ZIP: 30328
FORMER COMPANY:
FORMER CONFORMED NAME: AXIALL Corp /DE/
DATE OF NAME CHANGE: 20130128
FORMER COMPANY:
FORMER CONFORMED NAME: GEORGIA GULF CORP /DE/
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: THOMPSON GREGORY C
CENTRAL INDEX KEY: 0001225250
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09753
FILM NUMBER: 161498284
MAIL ADDRESS:
STREET 1: 1000 ABERNATHY ROAD N.E.
STREET 2: STE 1200
CITY: ATLANTA
STATE: 2Q
ZIP: 30328
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-03-08
0
0000805264
AXIALL CORP/DE/
AXLL
0001225250
THOMPSON GREGORY C
1000 ABERNATHY ROAD NE
SUITE 1200
ATLANTA
GA
30328
0
1
0
0
Chief Finanical Officer
AXLL Common Stock
2016-03-08
4
A
0
22580
0.00
A
201445
D
AXLL Common Stock
2016-03-08
4
A
0
22580
0.00
A
224025
D
AXLL Common Stock
563
I
Trust Units
Performance Restricted Stock Units
0.00
2016-03-08
4
A
0
22580
0.00
A
AXLL Common Stock
22580
22580
D
Performance Restricted Stock Units
0.00
2016-03-08
4
A
0
22580
0.00
A
AXLL Common Stock
22580
22580
D
These restricted stock units are scheduled to vest in three equal increments on each of March 8, 2017, March 8, 2018, and March 8, 2019, subject to the terms of the RSU agreement between the issuer and the reporting person.
These restricted stock units are scheduled to vest in four equal increments on each of March 8, 2017, March 8, 2018, March 8, 2019, and March 8, 2020, subject to the terms of the RSU agreement between the issuer and the reporting person.
Shares of the Company common stock may be issued to the reporting person upon the vesting of the performance restricted stock units, also referred to as "PRSUs." The number of shares of Company common stock shown is the award at the "target" performance level. The actual number of the shares of common stock that may be issued to the reporting person upon vesting ranges from a minimum of zero to a maximum of 45,160 shares, and depends on the relative total shareholder return, or "TSR," for the Company as compared to a company in a peer group that achieves the median TSR performance for the peer group. The TSR for the company and each company in the peer group will be calculated based on annual growth rate over a three-year performance period, from the volume weighted average trading price for each company's common stock for sixty consecutive trading days prior to March 8, 2016 to the sixty consecutive trading days prior to March 8, 2019.
The PRSUs are expected to vest March 8, 2019. The expiration date of the award of this grant is the same date as the vesting date.
Shares of the Company common stock may be issued to the reporting person upon the vesting of the performance restricted stock units, also referred to as "PRSUs." The number of shares of Company common stock shown is the award at the "target" performance level. The actual number of the shares of common stock that may be issued to the reporting person upon vesting ranges from a minimum of zero to a maximum of 45,160 shares, and depends on the relative total shareholder return, or "TSR," for the Company as compared to a company in a peer group that achieves the median TSR performance for the peer group. The TSR for the company and each company in the peer group will be calculated based on annual growth rate over a four-year performance period, from the volume weighted average trading price for each company's common stock for sixty consecutive trading days prior to March 8, 2016 to the sixty consecutive trading days prior to March 8, 2020.
The PRSUs are expected to vest March 8, 2020. The expiration date of the award of this grant is the same date as the vesting date.
/s/ Gregory Thompson
2016-03-10