COMPASS MINERALS INTERNATIONAL INC·4

Mar 13, 11:35 AM ET

Kinnune Shelly 4

4 · COMPASS MINERALS INTERNATIONAL INC · Filed Mar 13, 2013

Insider Transaction Report

Form 4
Period: 2013-03-11
Kinnune Shelly
Vice President
Transactions
  • Award

    Stock Option (Right to Buy)

    2013-03-11+4,8394,839 total
    Exercise: $76.99From: 2014-03-11Exp: 2020-03-11Common Stock (4,839 underlying)
  • Award

    Restricted Stock Unit

    2013-03-11+1,9481,948 total
    Exercise: $0.00From: 2016-03-11Exp: 2016-03-11Common Stock (1,948 underlying)
  • Award

    Performance Stock Unit

    2013-03-11+1,4471,447 total
    Exercise: $0.00From: 2016-03-11Exp: 2016-03-11Common Stock (1,447 underlying)
Holdings
  • Stock Option (Right to Buy)

    Exercise: $76.81From: 2013-05-07Exp: 2019-05-07Common Stock (3,321 underlying)
    3,321
  • Common Stock

    (indirect: Company 401 (k) Plan)
    33
  • Restricted Stock Unit

    Exercise: $0.00From: 2015-05-07Exp: 2015-05-07Common Stock (1,432 underlying)
    1,432
  • Performance Stock Unit

    Exercise: $0.00From: 2015-05-07Exp: 2015-05-07Common Stock (981 underlying)
    981
Footnotes (6)
  • [F1]The information in this report is based on a 401(k) plan statement dated as of 03-08-2013.
  • [F2]Restricted Stock Units granted: 3 year cliff vest on 3-11-2016, provided performance threshold satisfied.
  • [F3]Stock options granted: vesting 25% after year one and then 25% per year thereafter.
  • [F4]All Performance Stock Units have a conversion price of $0.00.
  • [F5]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, the PSUs will vest based on achievement of total shareholder return ("TSR") performance goals for each tranche. Once vested, payout for PSUs can range 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.
  • [F6]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.

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4