CLOUD PEAK ENERGY INC. 4
4 · CLOUD PEAK ENERGY INC. · Filed Mar 15, 2016
Insider Transaction Report
Form 4
Jones Bruce E
Sr. Vice President, Tech Svcs
Transactions
- Exercise/Conversion
Common Stock
2016-03-11$2.17/sh+1,410$3,060→ 30,312 total - Tax Payment
Common Stock
2016-03-11$2.17/sh−636$1,380→ 28,902 total - Tax Payment
Common Stock
2016-03-11$2.17/sh−574$1,246→ 29,738 total - Exercise/Conversion
Performance Units
2016-03-11−3,278→ 0 total→ Common Stock (3,278 underlying)
Footnotes (3)
- [F1]Reflects the number of shares of common stock withheld by the Issuer in satisfaction of the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- [F2]Each performance unit represented a contingent right to receive the value of one share of Cloud Peak Energy Inc. common stock. The performance units vested 3 years from the date of grant (which was 3/11/2013) upon Cloud Peak Energy's achievement of performance goals, which were based upon Cloud Peak Energy's relative and absolute total shareholder return. These achievements resulted in a payout of 43% of the target.
- [F3]Reflects the number of shares of common stock withheld by the Issuer in satisfaction of the Reporting Person's tax withholding obligation upon the vesting of performance units.