Filing Details

Accession Number:
0001181431-12-018448
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-19 19:57:29
Reporting Period:
2012-03-15
Filing Date:
2012-03-19
Accepted Time:
2012-03-19 18:57:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
868725 Rentech Inc RTK Agricultural Chemicals (2870) 840957421
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
937666 Jr Hunt D Ramsbottom 10877 Wilshire Boulevard
Suite 600
Los Angeles CA 90024
President And Ceo Yes 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 Disposition 2012-03-15 10,000 $2.00 642,594 No 4 S Direct
Common Stock Disposition 2012-03-19 5,000 $2.00 637,594 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 10,000 Indirect By L E Ramsbottom Living Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Option to Purchase $4.15 2016-07-13 250,000 250,000 Direct
Common Stock Warrants (right to buy) $1.82 1,982,500 1,982,500 Direct
Common Stock Warrants (right to buy) $1.82 787,500 787,500 Direct
Common Stock Restricted Stock Units $0.00 2012-11-03 299,758 299,758 Direct
Common Stock Restricted Stock Units $0.00 2012-11-17 225,000 75,000 Direct
Common Stock Restricted Stock Units $0.00 2012-12-10 59,502 59,502 Direct
Common Stock Restricted Stock Units $0.00 2013-10-04 300,000 200,000 Direct
Common Stock Option for Common Stock $0.95 2020-10-04 700,000 700,000 Direct
Common Stock Restricted Stock Units $0.00 2014-10-12 401,875 401,875 Direct
Common Stock Performance Stock Units $0.00 2014-10-12 800,625 800,625 Direct
Common Stock Restricted Stock Units $0.00 2014-11-09 435,097 435,097 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-07-13 250,000 250,000 Direct
1,982,500 1,982,500 Direct
787,500 787,500 Direct
2012-11-03 299,758 299,758 Direct
2012-11-17 225,000 75,000 Direct
2012-12-10 59,502 59,502 Direct
2013-10-04 300,000 200,000 Direct
2020-10-04 700,000 700,000 Direct
2014-10-12 401,875 401,875 Direct
2014-10-12 800,625 800,625 Direct
2014-11-09 435,097 435,097 Direct
Footnotes
  1. The option vests in three equal installments of common stock on the first, second and third anniversaries of the grant date (July 14, 2006), subject to reporting person's continued employment with the Company on each such date.
  2. This warrant became fully vested and exercisable in separate parts on the following dates or events: (i) September 2, 2005, (ii) October 29, 2005, (iii) December 23, 2005 and (iv) when the per share market price of the Company's common stock reached $4.25.
  3. The expiration date for this warrant is the earlier of 90 days after Mr. Ramsbottom ceases to be employed by the Company or December 31, 2011.
  4. Half of this warrant will vest upon the sooner of Rentech's stock price reaching $5.25 or higher for 12 consecutive trading days or December 31, 2011 as long as Mr. Ramsbottom is still an employee of the Company. The expiration date for this half of the warrant has been extended to December 31, 2012. The other half of the warrant will vest upon Rentech's stock price reaching $5.25 or higher for 12 consecutive trading days and the expiration date for this half of the warrant has been extended to the earlier of 90 days after Mr. Ramsbottom ceases to be employed by the Company or December 31, 2011.
  5. Each restricted stock unit represents a contingent right to receive one share of common stock. 166,532 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 133,226 restricted stock units vest on November 3, 2012, subject to the reporting person's continued employment with the Company on such date.
  6. Each restricted stock unit represents a contingent right to receive one share of common stock. One-third of the restricted stock units vested on November 17, 2010, one-third vested on November 17, 2011 and the remaining one-third will vest on November 17, 2012, subject to the reporting person's continued employment with the Company on such date.
  7. 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.
  8. 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 October 4, 2010, subject to the reporting person's continued employment with the Company on each such date.
  9. The option vests in three equal installments of common stock on the first, second and third anniversaries of the vesting start date (October 4, 2010), subject to reporting person's continued employment with the Company on each such date.
  10. 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 October 12, 2011, subject to the reporting person's continued employment with the Company on each such date.
  11. Each performance stock unit represents a right to receive one share of common stock. One hundred percent of the performance stock unit will vest upon the Company's value weighted average price for a 30 day period equaling $3.00 or more on or prior to October 12, 2014.
  12. 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 9, 2011, subject to the reporting person's continued employment with the Company on each such date.
  13. The sale reported on this form was effected pursuant to a 10b5-1 trading plan that was established on December 23, 2011. A 10b5-1 trading plan enables an insider to establish a program to make transactions according to an advance plan. Such a program allows an insider to continue with planned transactions even it he or she comes into possession of material nonpublic information.