CLOUD PEAK ENERGY INC. 4
4 · CLOUD PEAK ENERGY INC. · Filed Mar 17, 2015
Insider Transaction Report
Form 4
HILL HEATH A.
VP & Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2015-03-15$5.88/sh−858$5,045→ 40,714 total - Exercise/Conversion
Performance Units
2015-03-15−1,009→ 1,009 total→ Common Stock (1,009 underlying) - Exercise/Conversion
Common Stock
2015-03-15$5.88/sh+1,009$5,933→ 41,723 total
Footnotes (2)
- [F1]Represents 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.