RENTECH, INC. 4
4 · RENTECH, INC. · Filed Dec 23, 2014
Insider Transaction Report
Form 4
Cohrs Dan J
Executive VP and CFO
Transactions
- Award
Performance Stock Units
2014-12-19+300,297→ 300,297 totalExp: 2018-12-14→ Common Stock (300,297 underlying)
Holdings
- 857,578
Common Stock
Footnotes (1)
- [F1]The reporting person is entitled to earn a number of performance stock units ("PSUs") based on the issuer's total shareholder return ("TSR") as measured initially on the third anniversary of December 14, 2014 (the "Vesting Start Date"). The number of PSUs set forth in the table represents the target number of PSUs that may be earned (the "Target PSUs"). A minimum TSR increase of 50% is required for any PSUs to be earned. Subject to the reporting person's continued service, the reporting person may earn 50% - 200% of the Target PSUs for a TSR increase of 50% - 200% on the third anniversary of the Vesting Start Date. Any PSUs that are not earned on the third anniversary may vest on the fourth anniversary based on the increase in the TSR over the full four-year period. Upon any vesting, each PSU that has been earned is settled for one share of common stock.