-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HUfiKLnNwqtYBzZkvBgsWLAqzBXkLguupW24B1O6y7OwEl+O4ERdo/DABRw3HPMY /dbhxDJ36bw8Roy8awaRxQ== 0001179110-11-003708.txt : 20110301 0001179110-11-003708.hdr.sgml : 20110301 20110301135008 ACCESSION NUMBER: 0001179110-11-003708 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110224 FILED AS OF DATE: 20110301 DATE AS OF CHANGE: 20110301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wathen David M CENTRAL INDEX KEY: 0001326561 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10716 FILM NUMBER: 11650499 MAIL ADDRESS: STREET 1: 5155 INKSTER ROAD CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48302 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRIMAS CORP CENTRAL INDEX KEY: 0000842633 STANDARD INDUSTRIAL CLASSIFICATION: METAL FORGING & STAMPINGS [3460] IRS NUMBER: 382687639 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 39400 WOODWARD AVENUE, SUITE 130 CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48304 BUSINESS PHONE: 2486315400 MAIL ADDRESS: STREET 1: 39400 WOODWARD AVENUE, SUITE 130 CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48304 4 1 edgar.xml FORM 4 - X0303 4 2011-02-24 0 0000842633 TRIMAS CORP TRS 0001326561 Wathen David M 39400 WOODWARD AVENUE SUITE 130 BLOOMFIELD HILLS 48304 1 1 0 0 President and CEO Restricted Stock Unit 0 2011-02-24 4 A 0 42000 0 A 2013-09-30 Common Stock 42000 42000 D Each restricted stock unit represents a contingent right to receive the Fair Market Value of one share of common stock, payable only in shares of common stock. The Restricted Stock Units vest in increments as follows: (a) Upon the Company achieving at least $ 2.00 of cumulative earnings per share for any consecutive four financial quarters from 4/1/2011 through 9/30/2013 (the "EPS Performance Measure"), 10,500 Restricted Stock Units shall vest on the close of the business day immediately following the release of earnings for the quarter in which the EPS Performance Measure is met ("EPS Vesting Date") and 5,250 Restricted Stock Units shall vest on the first anniversary of the EPS Vesting Date and 5,250 Restricted Stock Units shall vest on the second anniversary date of the EPS Vesting Date; (b) Upon the Company's stock price closing at or above $30.00 per share for 30 consecutive trading days provided such 30th trading day is prior to 9/30/2013, 5,250 Restricted Stock Units shall vest on the close of the business day when such trading threshold is satisfied, 2,625 Restricted Stock Units shall vest on the first anniversary of the satisfaction of such threshold and 2,625 Restricted Stock Units shall vest on the second anniversary of the satisfaction of such threshold; (c) Upon the Company's stock price closing at or above $35.00 per share for 30 consecutive trading days provided such 30th trading day is prior to 9/30/2013, 5,250 Restricted Stock Units shall vest on the close of the business day on which such trading threshold is satisfied, 2,625 Restricted Stock Units shall vest on the first anniversary of the satisfaction of such threshold and 2,625 Restricted Stock Units shall vest on the second anniversary of the satisfaction of such threshold. Subject to graduated vesting as described in footnote (2),(3) and Section II.A.(1) of the Restricted Stock Unit Agreement dated February 24, 2011. David M. Wathen and Laurene A. Wathen JT TEN WROS /s/ Paula Reno attorney-in-fact 2011-03-01 -----END PRIVACY-ENHANCED MESSAGE-----