Sec Form 4 Filing - HALL WILLIAM K @ Real Industry, Inc. - 2017-01-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
HALL WILLIAM K
2. Issuer Name and Ticker or Trading Symbol
Real Industry, Inc. [ RELY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
15301 VENTURA BOULEVARD, SUITE 400
3. Date of Earliest Transaction (MM/DD/YY)
01/03/2017
(Street)
SHERMAN OAKS, CA91403
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/03/2017 A 13,935 ( 1 ) A $ 0 43,646 D
Common Stock ( 2 ) 01/03/2017 A 1,069 ( 3 ) A $ 0 44,715 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HALL WILLIAM K
15301 VENTURA BOULEVARD
SUITE 400
SHERMAN OAKS, CA91403
X
Signatures
/s/ Kyle Ross, Attorney-in-Fact for William Hall 01/05/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Annual grant of shares of restricted common stock to independent Directors issued to Mr. Hall under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan (the "Plan"). The number of shares represents $85,000 divided by the closing price of the Company's common stock on the day prior to issuance. Such shares will vest in full on January 3, 2018, with accelerated vesting in the event of a change in control of the Company, Mr. Hall's death or disability, or if Mr. Hall is not re-elected to the Board or is not re-nominated for election by the Company after indicating a willingness to serve.
( 2 )Common stock underlying 1,069 fully vested Restricted Stock Units ("RSUs") issued to Mr. Hall under the Plan in lieu of his cash Board service fees for the first quarter of 2017. Mr. Hall has irrevocably elected to receive 31.25% of his Board service fees for 2017 (including cash retainer fees for his service as a director and committee chairman and any other cash Board service fees that may be payable during 2017) in the form of RSUs pursuant to a policy where non-management Directors may elect to receive RSUs calculated at the closing stock price as of the date of grant in lieu of some or all of their cash Board service fees. Such RSUs are issued on a quarterly basis on the first business day of the quarter. The RSUs are immediately vested and will convert to common stock upon Mr. Hall's termination of service to the Board.
( 3 )The number of shares represents $6,250 (31.25% of one-quarter of Mr. Hall's annual fees of $80,000), divided by the closing price of the Company's common stock on the scheduled date of the Board service fee payment.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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