X0306 4 2017-02-02 0001530804 Tronox Ltd TROX 0001551305 Casey Thomas ONE STAMFORD PLAZA 263 TRESSER BLVD, SUITE 1100 STAMFORD CT 06901 true true Chairman, CEO Common Stock Class A 145000 I Kepaca Ltd, A Domestic Limited Partnership Common Stock Class A 2017-02-02 4 A 0 163266 12.25 A 1206968 D Common Stock Class A 25000 I Thomas J Casey Living Trust Common Stock Class A 10000 I Christine K. Casey Rev Trust Common Stock Options (right to buy) 19.09 2023-02-25 Class A Common Stock 200000 200000 D Common Stock Options (right to buy) 21.98 2024-02-10 Class A Common Stock 157403 157407 D The Restricted Share Units subject to this grant shall vest in equal annual portions on each of the next three (3) anniversaries of the Grant Date (each, a "Vesting Date") provided that the Participant is then providing services to the Company on each such Vesting Date. Dividends will be accrued until shares vest and paid at that time. The volume-weighted average price of the Company's common shares for the 30 day period ending on February 2, 2017. As reported on Form 4 filed on 10/11/2013, the options vest in three equal installments on the anniversary date of the grant. As reported on Form 4 filed 2/12/2014, the options vest in three equal installments on the anniversary date of the grant. /s/ Richard L. Muglia, as attorney-in-fact 2017-02-06