X0306 4 2016-02-25 0 0000038984 Real Industry, Inc. RELY 0001382925 Bouchard Craig T 15301 VENTURA BOULEVARD, SUITE 400 SHERMAN OAKS CA 91403 1 1 0 0 CEO Common Stock 2016-02-25 4 A 0 59348 0.00 A 146671 D Common Stock 178219 I By Bouchard 10S LLC Restricted Stock Unit 2016-02-25 4 A 0 55531 0.00 A Common Stock 55531 55531 D Shares of restricted common stock were issued under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan. Such shares will vest in three equal installments on each of March 17, 2017, March 16, 2018 and March 15, 2019. Bouchard 10S LLC and Mr. Bouchard may be deemed the beneficial owners of the shares of common stock owned by Bouchard 10S LLC, and over which Bouchard 10S LLC has voting and dispositive power, as Mr. Bouchard is the Managing Member of Bouchard 10S LLC. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Issuance of shares subject to the restricted stock units is based on the Company's annualized total stockholder return ("TSR") relative to the TSR of the Russell 2000 Index of companies for the three-year performance period commencing on February 25, 2016 and ending February 24, 2019. The "target" number of shares to be issued pursuant to the restricted stock units is reported. Between 0% and 150% of the target number of shares may be issued, with the actual percentage determined based on actual performance. The restricted stock units were issued under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan. /s/ Craig T. Bouchard 2016-02-29