4//SEC Filing
Penning Richard T 4
Accession 0001181431-09-019197
CIK 0000868725other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 9:39 PM ET
Size
12.9 KB
Accession
0001181431-09-019197
Insider Transaction Report
Form 4
Penning Richard T
EVP, Commercial Affairs
Transactions
- Exercise/Conversion
Common Stock
2009-04-01$0.55/sh+10,314$5,673→ 265,582 total - Exercise/Conversion
Restricted Stock Units
2009-04-01−16,333→ 32,667 totalExp: 2011-04-01→ Common Stock (49,000 underlying)
Holdings
- 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 vested on April 1, 2009, and the remaining portions vest on each of April 1, 2010 and April 1, 2011, respectively, subject to the reporting person?s continued employment with the Company on such date.
- [F6]Represents the vesting and settlement of 16,333 shares of common stock pursuant to a restricted stock unit on April 1, 2009, less 6,019 shares of common stock withheld by the Company for the payment of the employee?s applicable withholding taxes.
Documents
Issuer
RENTECH INC /CO/
CIK 0000868725
Entity typeother
Related Parties
1- filerCIK 0001386725
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 9:39 PM ET
- Size
- 12.9 KB