Earnings Feed
Start Free
Home/Filings/4/0001140361-13-012142
4//SEC Filing

COMPASS MINERALS INTERNATIONAL INC 4

Accession 0001140361-13-012142

$CMPCIK 0001227654operating
View on SEC.govCompany Profile

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 7:12 PM ET

Size

34.9 KB

Accession

0001140361-13-012142

Insider Transaction Report

Form 4
Period: 2013-03-10
COMPASS MINERALS INTERNATIONAL INCCMP
CLARK KEITH E
Vice President
Transactions
  • Exercise/Conversion

    Common Stock

    2013-03-10+1,974→ 18,441 total
  • Exercise/Conversion

    Common Stock

    2013-03-10+507→ 16,974 total
  • Sale

    Common Stock

    2013-03-11$76.60/sh−507$38,836→ 16,467 total
  • Sale

    Common Stock

    2013-03-11$76.73/sh−1,974$151,465→ 16,467 total
  • Exercise/Conversion

    Restricted Stock Unit

    2013-03-10−1,974→ 0 total
    Exercise: $0.00From: 2013-03-10Exp: 2013-03-10→ Common Stock (1,974 underlying)
  • Award

    Stock Option (Right to Buy)

    2013-03-11+4,839→ 4,839 total
    Exercise: $76.99From: 2014-03-11Exp: 2020-03-11→ Common Stock (4,839 underlying)
  • Award

    Performance Stock Unit

    2013-03-11+1,447→ 1,447 total
    Exercise: $0.00From: 2016-03-11Exp: 2016-03-11→ Common Stock (1,447 underlying)
  • Award

    Restricted Stock Unit

    2013-03-11+1,948→ 1,948 total
    Exercise: $0.00From: 2016-03-11Exp: 2016-03-11→ Common Stock (1,948 underlying)
  • Exercise/Conversion

    Performance Share Unit

    2013-03-10−507→ 0 total
    Exercise: $0.00From: 2013-03-10Exp: 2013-03-10→ Common Stock (507 underlying)
Holdings

  • Stock Option (Right to Buy)

    Exercise: $78.51From: 2011-03-10Exp: 2017-03-10→ Common Stock (5,524 underlying)
    5,524

  • Performance Share Unit

    Exercise: $0.00From: 2014-03-10Exp: 2014-03-10→ Common Stock (1,172 underlying)
    1,172

  • Performance Stock Unit

    Exercise: $0.00From: 2015-03-12Exp: 2015-03-12→ Common Stock (1,477 underlying)
    1,477

  • Stock Option (Right to Buy)

    Exercise: $58.99From: 2010-03-10Exp: 2016-03-10→ Common Stock (8,453 underlying)
    8,453

  • Stock Option (Right to Buy)

    Exercise: $86.47From: 2012-03-10Exp: 2018-03-10→ Common Stock (3,748 underlying)
    3,748

  • Restricted Stock Unit

    Exercise: $0.00From: 2014-03-10Exp: 2014-03-10→ Common Stock (1,793 underlying)
    1,793

  • Common Stock

    (indirect: Company 401 (k) Plan)
    305

  • Stock Option (Right to Buy)

    Exercise: $33.44From: 2008-03-12Exp: 2014-03-12→ Common Stock (2,000 underlying)
    2,000

  • Stock Option (Right to Buy)

    Exercise: $55.12From: 2009-03-10Exp: 2015-03-10→ Common Stock (8,071 underlying)
    8,071

  • Restricted Stock Unit

    Exercise: $0.00From: 2015-03-12Exp: 2015-03-12→ Common Stock (2,162 underlying)
    2,162

  • Stock Option (Right to Buy)

    Exercise: $71.69From: 2013-03-12Exp: 2019-03-12→ Common Stock (4,715 underlying)
    4,715
Footnotes (10)
  • [F1]The 1,974 shares were traded in blocks ranging in price from $76.19 to $77.02. $76.73 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.
  • [F10]The grant amount of 1,447 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 2,170.
  • [F2]The 507 shares were traded in blocks ranging in price from $76.41 to $76.88. $76.60 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.
  • [F3]The information in this report is based on a 401(k) plan statement dated as of 03/08/2013.
  • [F4]All Restricted Stock Units have a conversion price of $0.00.
  • [F5]Restricted Stock Units granted: 3 year cliff vest on 3-11-2016, provided performance threshold satisfied.
  • [F6]Stock options granted: vesting 25% after year one and then 25% per year thereafter.
  • [F7]Two shares forfeited based on performance threshold under award agreement.
  • [F8]All Performance Stock Units have a conversion price of $0.00.
  • [F9]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 a market 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. Dividend equivalents are paid on PSUs earned in a year, subject to restrictions. PSUs have no voting rights.

Documents

1 file

Issuer

COMPASS MINERALS INTERNATIONAL INC

CIK 0001227654

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001227654

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 7:12 PM ET
Size
34.9 KB
View on SEC.gov