Filing Details

Accession Number:
0001140361-14-012481
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-12 20:23:26
Reporting Period:
2014-03-10
Filing Date:
2014-03-12
Accepted Time:
2014-03-12 20:23:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1227654 Compass Minerals International Inc CMP Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400) 363972986
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1273137 L Rodney Underdown C/O Compass Minerals International Inc
9900 West 109Th Street, Suite 100
Overland Park KS 66210
Cfo & Secretary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-03-10 1,966 $0.00 33,395 No 4 M Direct
Common Stock Disposition 2014-03-11 1,966 $86.26 31,429 No 4 S Direct
Common Stock Acquisiton 2014-03-10 416 $0.00 31,845 No 4 M Direct
Common Stock Disposition 2014-03-11 416 $86.26 31,429 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2014-03-10 1,966 $0.00 1,966 $0.00
Common Stock Restricted Stock Unit Acquisiton 2014-03-10 1,181 $0.00 1,181 $0.00
Common Stock Stock Option (Right to Buy) Acquisiton 2014-03-10 6,346 $0.00 6,346 $87.18
Common Stock Performance Stock Unit Disposition 2014-03-10 416 $0.00 416 $0.00
Common Stock Performance Stock Unit Acquisiton 2014-03-10 1,948 $0.00 1,948 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-03-10 2014-03-10 No 4 M Direct
1,181 2017-03-10 2017-03-10 No 4 A Direct
6,346 2015-03-10 2021-03-10 No 4 A Direct
0 2014-03-10 2014-03-10 No 4 M Direct
1,948 2017-03-10 2017-03-10 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 378 Indirect Company 401(k) Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Unit $0.00 2015-03-12 2015-03-12 2,441 2,441 Direct
Common Stock Restricted Stock Unit $0.00 2016-03-11 2016-03-11 2,208 2,208 Direct
Common Stock Stock Option (Right to Buy) $55.12 2009-03-10 2015-03-10 8,071 8,071 Direct
Common Stock Stock Option (Right to Buy) $58.99 2010-03-10 2016-03-10 8,453 8,453 Direct
Common Stock Stock Option (Right to Buy) $78.51 2011-03-10 2017-03-10 5,524 5,524 Direct
Common Stock Stock Option (Right to Buy) $86.47 2012-03-10 2018-03-10 4,429 4,429 Direct
Common Stock Stock Option (Right to Buy) $71.69 2013-03-12 2019-03-12 5,358 5,358 Direct
Common Stock Stock Option (Right to Buy) $76.99 2014-03-11 2020-03-11 5,484 5,484 Direct
Common Stock Performance Stock Unit $0.00 2015-03-12 2015-03-12 1,678 1,678 Direct
Common Stock Performance Stock Unit $0.00 2016-03-11 2016-03-11 1,640 1,640 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2015-03-12 2,441 2,441 Direct
2016-03-11 2,208 2,208 Direct
2015-03-10 8,071 8,071 Direct
2016-03-10 8,453 8,453 Direct
2017-03-10 5,524 5,524 Direct
2018-03-10 4,429 4,429 Direct
2019-03-12 5,358 5,358 Direct
2020-03-11 5,484 5,484 Direct
2015-03-12 1,678 1,678 Direct
2016-03-11 1,640 1,640 Direct
Footnotes
  1. The 1,966 shares were traded in blocks ranging in price from $86.16 to $86.37. $86.26 is the weighted average price. Information regarding the number of shares sold at each separate price is available upon request by the SEC staff, the issuer, or any security holder of the issuer.
  2. The 416 shares were traded in blocks ranging in price from $86.16 to $86.37. $86.26 is the weighted average price. Information regarding the number of shares sold at each separate price is available upon request by the SEC staff, the issuer, or any security holder of the issuer.
  3. The information in this report is based on a 401(k) plan statement dated as of 03-11-14.
  4. All Restricted Stock Units have a conversion price of $0.00.
  5. Restricted Stock Units granted: 3 year cliff vest on 3-10-2017, provided performance threshold satisfied.
  6. Stock options granted: vesting 25% after year one and then 25% per year thereafter.
  7. The third tranche of PSUs granted in 2011 attributable to the 2013 performance period earned 0% of the award target which resulted in a decrease of 970 shares from the original grant for Mr. Underdown.
  8. All Performance Stock Units have a conversion price of $0.00.
  9. On the third anniversary of the grant date, PSUs vest based on achievement of total shareholder return ("TSR") performance goals over a three-year period beginning in 2014 and ending in 2016. Payout for vested PSUs ranges from 0% to 150% based on the Company's TSR percentile compared to the TSR of the companies comprising a market index. TSR is measured generally as the increase or decrease in the market value of Company common stock including the reinvestment of dividends. If a participant terminates employment prior to the third anniversary of the grant date, the PSUs will be forfeited except in the case of death or disability. Dividend equivalents are paid on PSUs earned in a year, subject to restrictions. PSUs have no voting rights.
  10. The grant amount of 1,948 PSUs assumes 100% vesting. Since payout for PSUs can range from 0% to 150%, the maximum number of shares that could vest and be distributed is 2,922.