CLOUD PEAK ENERGY INC. 4
4 · CLOUD PEAK ENERGY INC. · Filed Mar 17, 2015
Insider Transaction Report
Form 4
MYERS TODD A
Sr VP, Business Development
Transactions
- Tax Payment
Common Stock
2015-03-15$5.88/sh−1,894$11,137→ 27,758 total - Exercise/Conversion
Common Stock
2015-03-15$5.88/sh+2,135$12,554→ 29,893 total - Exercise/Conversion
Performance Units
2015-03-15−2,135→ 2,135 total→ Common Stock (2,135 underlying)
Footnotes (2)
- [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.
- [F2]Each performance right represented a contingent right to receive one share of Cloud Peak Energy Inc. common stock. The performance rights vested 3 years from the date of grant (which was 03/15/12) 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 48% of the target which was originally reported on a Form 4 filed on 3/19/12. There is no expiration date for performance rights.