UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Common Stock Class A (right to buy) | Â (3) | 02/25/2023 | Common Stock Class A | 5,838 | $ 19.09 | D | Â |
Common Stock Class A (right tobuy) | Â (3) | 02/10/2024 | Common Stock Class A | 21,666 | $ 21.98 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Muglia Richard L 263 TRESSER BOULEVARD SUITE 1100 STAMFORD, CT 06901 |
 |  |  SVP, General Counsel and Secre |  |
/s/ Richard L. Muglia | 03/06/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 2,470 time-based restricted shares and 2,822 performance based restricted shares were granted on February 25, 2013 pursuant to the Tronox Limited Management Equity Incentive Plan. The shares were granted to Mr. Muglia while he was Deputy General Counsel of the Company. The restricted shares subject to this grant vest in equal annual portions on each of the next three (3) anniversaries of the grant date provided that Mr. Muglia is then providing services to the Company on each such vesting date. 823 of the time-based shares have vested. The performance based restricted stock units will be paid at the end of 3 years. Fifty percent of the units are tied to Total Shareholder Return and fifty percent are tied to Return on Capital Employed. |
(2) | 19,961 time-based restricted shares granted on February 10, 2014 pursuant to the Tronox Limited Management Equity Incentive Plan. The shares were granted to Mr. Muglia while he was Deputy General Counsel of the Company. The restricted shares subject to this grant vest in equal annual portions on each of the next three (3) anniversaries of the grant date provided that Mr. Muglia is then providing services to the Company on each such vesting date. |
(3) | Options were granted pursuant to the Tronox Limited Management Equity Incentive Plan while Mr. Muglia was Deputy General Counsel of the Company. Options will vest in three equal installments on the anniversary date of the grant provided that Mr. Muglia is then providing services to the Company on each such vesting date. |