4//SEC Filing
CLOUD PEAK ENERGY INC. 4
Accession 0001104659-17-014457
CIK 0001441849operating
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 5:24 PM ET
Size
6.3 KB
Accession
0001104659-17-014457
Insider Transaction Report
Form 4
Carbone Kendall K
VP, Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2017-03-03+13,101→ 13,101 total→ Common Stock (13,101 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive the value of one share of Cloud Peak Energy Inc. ("CPE") common stock. In general, 100% of the RSUs vest three years after the date of grant subject to the terms of the award agreement and CPE's long-term incentive plan ("LTIP"). Vested RSUs may be paid in shares, cash or a combination of shares and cash, in the discretion of the Compensation Committee.
- [F2]This total does not include performance share units ("PSUs") that were also granted on March 3, 2017 and that will be reported under Section 16 upon any vesting, as provided by applicable rules. PSUs represent a contingent right to receive the value of one share of CPE common stock. In general, PSUs vest 3 years from the date of grant depending on CPE's achievement of performance goals, which are based upon CPE's relative and absolute total shareholder return ("TSR"), and subject to the terms of the award agreement and CPE's LTIP. These TSR achievements may result in a payout ranging between 0% and 200% of the target.
Documents
Issuer
CLOUD PEAK ENERGY INC.
CIK 0001441849
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001441849
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 5:24 PM ET
- Size
- 6.3 KB