TAYLOR ADRIAN NICK 4
4 · CLOUD PEAK ENERGY INC. · Filed Mar 12, 2013
Insider Transaction Report
Form 4
TAYLOR ADRIAN NICK
VP Technical Services
Transactions
- Award
Employee Non-Qualified Stock Option (Right to Buy)
2013-03-11+13,983→ 13,983 totalExercise: $17.50From: 2016-03-11Exp: 2023-03-11→ Common Stock (13,983 underlying) - Award
Common Stock
2013-03-11+6,964→ 40,184 total - Award
Performance Units
2013-03-11+13,928→ 13,928 total→ Common Stock (13,928 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Cloud Peak Energy Inc. common stock. 100% of the restricted stock units vest three years after the date of grant.
- [F2]100% of the option vests three years after the date of grant.
- [F3]Nonqualified options granted under Cloud Peak Energy Inc.'s 2009 Long Term Incentive Plan expire ten years after the date of grant.
- [F4]Each performance right represents a contingent right to receive one share of Cloud Peak Energy Inc. common stock. The performance rights vest 3 years from the date of grant upon Cloud Peak Energy's achievement of Performance Goals, which are based upon Cloud Peak Energy's relative and absolute total shareholder return. These achievements may result in a payout range between 0% and 200% of the target. The number of performance rights shown in columns 5 and 7 is equal to the target number of performance rights that may be earned. There is no expiration date for performance rights.