4//SEC Filing
Kinnune Shelly 4
Accession 0001140361-12-024072
CIK 0001227654other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 5:39 PM ET
Size
11.3 KB
Accession
0001140361-12-024072
Insider Transaction Report
Form 4
Kinnune Shelly
Vice President
Transactions
- Award
Stock Option (Right to Buy)
2012-05-07+3,321→ 3,321 totalExercise: $76.81From: 2013-05-07Exp: 2019-05-07→ Common Stock (3,321 underlying) - Award
Performance Stock Unit
2012-05-07+981→ 981 totalExercise: $0.00From: 2015-05-07Exp: 2015-05-07→ Common Stock (981 underlying) - Award
Restricted Stock Unit
2012-05-07+1,432→ 1,432 totalExercise: $0.00From: 2015-05-07Exp: 2015-05-07→ Common Stock (1,432 underlying)
Footnotes (6)
- [F1]All Restricted Stock Units have a conversion price of $0.00.
- [F2]Restricted Stock Units granted: 3 year cliff vest on 5-7-2015.
- [F3]Stock options granted: vesting 25% after year one and then 25% per year thereafter.
- [F4]All Performance Stock Units have a conversion price of $0.00.
- [F5]Performance Stock Units are divided into three approximately equal tranches, each having a performance period of one year. On the third anniversary of the grant date, the PSUs will vest based on achievement of total shareholder return ("TSR") performance goals for each tranche. Once vested, payout for PSUs can range from 0% to 150% based on the Company's TSR percentile compared to the TSR of the companies comprising a market index. TSR is measured generally as the increase or decrease in the market value of Company common stock including the reinvestment of dividends. If a participant terminates employment prior to the third anniversary of the grant date, the PSUs will be forfeited except in the case of death or disability. If a change of control occurs before the third anniversary of the grant date, PSUs not previously forfeited will vest and be distributed immediately. Dividend equivalents are paid on PSUs earned in a year, subject to restrictions. PSUs have no voting rights.
- [F6]The grant amount of 981 PSUs assumes 100% vesting. Since payout for PSUs can range from 0% to 150%, the maximum number of shares that could vest and be distributed is 1,472.
Documents
Issuer
COMPASS MINERALS INTERNATIONAL INC
CIK 0001227654
Entity typeother
Related Parties
1- filerCIK 0001548961
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 5:39 PM ET
- Size
- 11.3 KB