Bryan Ronald 4
4 · COMPASS MINERALS INTERNATIONAL INC · Filed Mar 11, 2011
Insider Transaction Report
Form 4
Bryan Ronald
VP and General Manager
Transactions
- Award
Performance Share Unit
2011-03-10+1,013→ 1,013 totalExercise: $0.00From: 2014-03-10Exp: 2014-03-10→ Common Stock (1,013 underlying) - Exercise/Conversion
Restricted Stock Unit
2011-03-10−2,540→ 0 totalExercise: $0.00From: 2011-03-10Exp: 2011-03-10→ Common Stock (2,540 underlying) - Award
Stock Option (Right to Buy)
2011-03-10+3,237→ 3,237 totalExercise: $86.47From: 2012-03-10Exp: 2018-03-10→ Common Stock (3,237 underlying) - Award
Restricted Stock Unit
2011-03-10+1,793→ 1,793 totalExercise: $0.00From: 2014-03-10Exp: 2014-03-10→ Common Stock (1,793 underlying) - Sale
Common Stock
2011-03-11$86.48/sh−1,075$92,966→ 7,158 total - Exercise/Conversion
Common Stock
2011-03-10+2,540→ 8,233 total
Holdings
- 10,000
Stock Option (Right to Buy)
Exercise: $33.44From: 2008-03-12Exp: 2014-03-12→ Common Stock (10,000 underlying) - 8,071
Stock Option (Right to Buy)
Exercise: $55.12From: 2009-03-11Exp: 2015-03-11→ Common Stock (8,071 underlying) - 8,453
Stock Option (Right to Buy)
Exercise: $58.99From: 2010-03-10Exp: 2016-03-10→ Common Stock (8,453 underlying) - 21,500
Stock Option (Right to Buy)
Exercise: $25.69From: 2007-01-23Exp: 2013-01-23→ Common Stock (21,500 underlying) - 509
Performance Share Unit
Exercise: $0.00From: 2013-03-10Exp: 2013-03-10→ Common Stock (509 underlying) - 171(indirect: By 401(k))
Common Stock
- 1,974
Restricted Stock Unit
Exercise: $0.00From: 2013-03-10Exp: 2013-03-10→ Common Stock (1,974 underlying) - 5,524
Stock Option (Right to Buy)
Exercise: $78.51From: 2011-03-10Exp: 2017-03-10→ Common Stock (5,524 underlying) - 2,756
Restricted Stock Unit
Exercise: $0.00From: 2012-03-10Exp: 2012-03-10→ Common Stock (2,756 underlying)
Footnotes (8)
- [F1]The 1,075 shares were traded in blocks ranging in price from $85.63 to $87.83. $86.48 is the weighted average price. Information regarding the number of shares sold at each separate price is available upon request by the SEC staff, the issuer, or any security holder of the issuer.
- [F2]The information in this report is based on a 401(k) plan statement dated as of 03/10/11.
- [F3]All Restricted Stock Units have a conversion price of $0.00.
- [F4]Restricted Stock Units granted: 3 year cliff vest on 3-10-14.
- [F5]Stock options granted: vesting 25% after year one and then 25% per year thereafter.
- [F6]Performance Stock Units are divided into three approximately equal tranches, each having a performance period of one year. On the third anniversary of the grant date, PSUs vest based on achievement of total shareholder return ("TSR") performance goals for each tranche. Payout for vested PSUs ranges from 0% to 150% based on the Company's TSR percentile compared to the TSR of the companies comprising the Russell 3000 Index. TSR is measured generally as the increase or decrease in the market value of Company common stock including the reinvestment of dividends. If a participant terminates employment prior to the third anniversary of the grant date, the PSUs will be forfeited except in the case of death or disability. If a change of control occurs before the third anniversary of the grant date, PSUs not previously forfeited will vest and be distributed immediately. Dividend equivalents are paid on PSUs earned in a year, subject to restrictions. PSUs have no voting rights.
- [F7]All Performance Stock Units have a conversion price of $0.00.
- [F8]The grant amount of 1,013 PSUs assumes 100% vesting. Since payout for PSUs can range from 0% to 150%, the maximum number of shares that could vest and be distributed is 1,519.