CLOUD PEAK ENERGY INC. 4
4 · CLOUD PEAK ENERGY INC. · Filed Mar 3, 2015
Insider Transaction Report
Form 4
Martin Cary W
Sr VP, Human Resources
Transactions
- Award
Common Stock
2015-03-02+14,321→ 44,215 total - Award
Performance Units
2015-03-02+21,482→ 21,482 total→ Common Stock (21,482 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.