Home/Filings/4/0001181431-10-003608
4//SEC Filing

Penning Richard T 4

Accession 0001181431-10-003608

CIK 0000868725other

Filed

Jan 18, 7:00 PM ET

Accepted

Jan 19, 9:05 PM ET

Size

16.5 KB

Accession

0001181431-10-003608

Insider Transaction Report

Form 4
Period: 2010-01-15
Penning Richard T
EVP, Commercial Affairs
Transactions
  • Tax Payment

    Common Stock

    2010-01-15$1.22/sh39,121$47,728318,127 total
Holdings
  • Restricted Stock Units

    Exp: 2011-04-01Common Stock (24,872 underlying)
    24,872
  • Restricted Stock Units

    Exp: 2012-11-17Common Stock (150,000 underlying)
    150,000
  • Restricted Stock Units

    Exp: 2012-12-10Common Stock (14,758 underlying)
    14,758
  • Performance Stock Units

    Exp: 2011-04-01Common Stock (45,500 underlying)
    45,500
  • Restricted Stock Units

    Exp: 2011-04-01Common Stock (49,000 underlying)
    32,667
  • Restricted Stock Units

    Exp: 2012-11-03Common Stock (69,205 underlying)
    69,205
  • Performance Stock Units

    Exp: 2011-04-01Common Stock (45,500 underlying)
    45,500
Footnotes (8)
  • [F1]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.
  • [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 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.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of common stock. Fifty percent of the restricted stock units are vested, and the remaining fifty percent vest on April 1, 2011, subject to the reporting person's continued employment with the Company on such date.
  • [F4]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.
  • [F5]Each restricted stock unit represents a contingent right to receive one share of common stock. 38,447 restricted stock units are vested in consideration for the reporting person allocating a portion of his fiscal year 2008 cash bonus to purchase such units and the remaining 30,758 restricted stock units vest on November 3, 2012, subject to the reporting person's continued employment with the Company on such date.
  • [F6]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 November 17, 2009, subject to the reporting person's continued employment with the Company on each such date.
  • [F7]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 or her cash bonus to purchase such units at the fair market value of $1.69 per unit based on the closing price of the Company's common stock on December 10, 2009, and the remaining fifty percent vest on December 10, 2012, subject to the reporting person's continued employment with the Company on such date.
  • [F8]Represents 39,121 shares of common stock withheld by the Company for the payment of the employee's withholding taxes due upon the vesting and settlement of 91,666 shares of common stock pursuant to a restricted stock unit on January 15, 2010.

Issuer

RENTECH INC /CO/

CIK 0000868725

Entity typeother

Related Parties

1
  • filerCIK 0001386725

Filing Metadata

Form type
4
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 9:05 PM ET
Size
16.5 KB