CLOUD PEAK ENERGY INC. 4
4 · CLOUD PEAK ENERGY INC. · Filed Mar 18, 2014
Insider Transaction Report
Form 4
BARRETT MICHAEL
Chief Financial Officer
Transactions
- Award
Common Stock
2014-03-14+10,336→ 78,671 total - Award
Employee Non-Qualified Stock Option (Right to Buy)
2014-03-14+22,478→ 22,478 totalExercise: $19.35From: 2017-03-14Exp: 2024-03-14→ Common Stock (22,478 underlying) - Award
Performance Units
2014-03-14+20,672→ 20,672 total→ Common Stock (20,672 underlying)
Footnotes (2)
- [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]Each performance right represents a contingent right to receive one share of Cloud Peak Energy Inc. (CPE) common stock. The performance rights vest 3 years from the date of grant upon CPE's achievement of performance goals, which are based upon CPE's relative and absolute total shareholder return. These achievements may result in a payout ranging 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.