4//SEC Filing
Penning Richard T 4
Accession 0001181431-09-003970
CIK 0000868725other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 8:04 PM ET
Size
12.1 KB
Accession
0001181431-09-003970
Insider Transaction Report
Form 4
Penning Richard T
EVP, Commercial Affairs
Transactions
- Tax Payment
Common Stock
2009-01-15$0.68/sh−19,732$13,418→ 255,268 total
Holdings
- 49,000
Restricted Stock Units
Exp: 2011-04-01→ Common Stock (49,000 underlying) - 45,500
Performance Stock Units
Exp: 2011-04-01→ Common Stock (45,500 underlying) - 45,500
Performance Stock Units
Exp: 2011-04-01→ Common Stock (45,500 underlying) - 24,872
Restricted Stock Units
Exp: 2011-04-01→ Common Stock (24,872 underlying)
Footnotes (6)
- [F1]Includes 91,666 shares of common stock issuable upon the vesting and settlement of a restricted stock unit. The restricted stock unit vests on January 15, 2010, subject to the reporting person's continued employment with the Company on such date.
- [F2]Each performance stock unit represents a contingent right to receive one share of common stock. Zero to 100 percent of the performance stock units vest on April 1, 2011, with the final vesting amount depending on the Company's volume weighted average stock price falling within a range of $2.00 to $4.00. Vesting is subject to the reporting person's continued employment with the Company.
- [F3]Each performance stock unit represents a contingent right to receive one share of common stock. Zero to 100 percent of the performance stock units vest on April 1, 2011, with the final vesting amount depending on the Company's total shareholder return relative to the total shareholder return of 12 peer companies. Vesting is subject to the reporting person's continued employment with the Company.
- [F4]Each restricted stock unit represents a contingent right to receive one share of common stock. Fifty percent of the restricted stock units are vested in consideration for the reporting person allocating a portion of his cash bonus to purchase such units at the fair market value of $1.63 per unit based on the closing price of the Company's common stock on July 17, 2008, and the remaining fifty percent vest on April 1, 2011, subject to the reporting person's continued employment with the Company on such date.
- [F5]Each restricted stock unit represents a contingent right to receive one share of common stock. One-third of the restricted stock units vest on each of the first three anniversaries of April 1, 2008, subject to the reporting person's continued employment with the Company on each such date.
- [F6]Represents 19,732 shares of common stock withheld by the Company for partial payment of the employee's withholding taxes due upon the vesting and settlement of 91,667 shares of common stock pursuant to a restricted stock unit on January 15, 2009.
Documents
Issuer
RENTECH INC /CO/
CIK 0000868725
Entity typeother
Related Parties
1- filerCIK 0001386725
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 8:04 PM ET
- Size
- 12.1 KB