4/A//SEC Filing
Penning Richard T 4/A
Accession 0001181431-10-020372
CIK 0000868725other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 8:55 PM ET
Size
19.3 KB
Accession
0001181431-10-020372
Insider Transaction Report
Form 4/AAmended
Penning Richard T
EVP, Commercial Affairs
Transactions
- Exercise/Conversion
Common Stock
2010-04-01$1.03/sh+10,342$10,652→ 236,803 total - Exercise/Conversion
Restricted Stock Units
2010-04-01−16,333→ 16,334 totalExp: 2011-04-01→ Common Stock (49,000 underlying) - Tax Payment
Common Stock
2010-01-15$1.22/sh−39,121$47,728→ 226,461 total
Holdings
- 24,872
Restricted Stock Units
Exp: 2011-04-01→ Common Stock (24,872 underlying) - 69,205
Restricted Stock Units
Exp: 2012-11-03→ Common Stock (69,205 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) - 150,000
Restricted Stock Units
Exp: 2012-11-17→ Common Stock (150,000 underlying) - 14,758
Restricted Stock Units
Exp: 2012-12-10→ Common Stock (14,758 underlying)
Footnotes (10)
- [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.
- [F10]Represents the vesting and settlement of 16,333 shares of common stock pursuant to a restricted stock unit on April 1, 2010, less 5,991 shares of common stock withheld by the Company for the payment of the employee's withholding taxes.
- [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, one-third of the restricted stock vested on April 1, 2010 and the remaining portion vests 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. 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.
- [F9]The amount of shares reported on employee's Form 4 filed on January 19, 2010 was incorrect, this now accurately reflects employee's holding of Company securities following the vesting described in Footnote 8.
Documents
Issuer
RENTECH INC /CO/
CIK 0000868725
Entity typeother
Related Parties
1- filerCIK 0001386725
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 8:55 PM ET
- Size
- 19.3 KB