0001104659-15-040013.txt : 20150521
0001104659-15-040013.hdr.sgml : 20150521
20150521162631
ACCESSION NUMBER: 0001104659-15-040013
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150519
FILED AS OF DATE: 20150521
DATE AS OF CHANGE: 20150521
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: Breunig Joseph C.
CENTRAL INDEX KEY: 0001500401
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09753
FILM NUMBER: 15883087
MAIL ADDRESS:
STREET 1: 115 PERIMETER CENTER PLACE
STREET 2: SUITE 460
CITY: ATLANTA
STATE: GA
ZIP: 30346
4
1
a4.xml
4
X0306
4
2015-05-19
0
0000805264
AXIALL CORP/DE/
AXLL
0001500401
Breunig Joseph C.
1000 ABERNATHY ROAD, SUITE 1200
ATLANTA
GA
30328
0
1
0
0
Exec. V.P. Chemicals
AXLL Common Stock
2015-05-19
4
A
0
3835
0
A
63478
D
AXLL Common Stock
2015-05-19
4
F
0
1279
36.72
D
62199
D
AXLL Common Stock
2015-05-20
4
A
0
13848
0
A
76047
D
AXLL Common Stock
2015-05-20
4
F
0
5389
36.79
D
70658
D
Performance Restricted Stock Units
0.00
2015-05-19
4
A
0
13098
0.00
A
AXLL Common Stock
13098
13098
D
Vesting of one-third of the performance restricted stock units granted to the reporting person on May 19, 2014, for which the Company's Adjusted EBITDA is the performance restriction.
Payment of tax liability by delivering or withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3.
Vesting of one-half of performance restricted stock units granted to the reporting person on May 20, 2013, for which the Company's achievement of synergies is the performance restriction.
Payment of tax liability by delivering or withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3.
Shares of 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 shares of common stock that may be issued to the reporting person upon vesting ranges from a minimum of zero to a maximum of 26,196 shares, and depends on the relative total shareholder return, or "TSR," for the Company as compared to the 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 the three-year performance period, from the volume weighted average trading price for each company's common stock for sixty consecutive trading days prior to the PRSU grant date to the sixty consecutive trading days prior to the end of the third anniversary of the grant date.
The PRSUs are expected to vest on the third anniversary of the grant date, subject to the terms of the PRSU agreement between the Company and the reporting person. The expiration date of the award of this grant is the same date as the vesting date.
/s/ Joseph C. Breunig
2015-05-21