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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Unit | $ 0 | 03/12/2015 | 03/12/2015 | Common Stock | 558 | 558 | D | ||||||||
Restricted Stock Unit | $ 0 | 03/11/2016 | 03/11/2016 | Common Stock | 442 | 442 | D | ||||||||
Restricted Stock Unit | $ 0 | 03/10/2017 | 03/10/2017 | Common Stock | 860 | 860 | D | ||||||||
Restricted Stock Unit | $ 0 | 03/10/2015 | A(2) | 1,090 | 03/10/2018 | 03/10/2018 | Common Stock | 1,090 | $ 0 | 1,090 | D | ||||
Stock Option (Right to Buy) | $ 86.8 | 07/05/2012 | 07/05/2018 | Common Stock | 872 | 872 | D | ||||||||
Stock Option (Right to Buy) | $ 71.69 | 03/12/2013 | 03/12/2019 | Common Stock | 865 | 865 | D | ||||||||
Stock Option (Right to Buy) | $ 76.99 | 03/11/2014 | 03/11/2020 | Common Stock | 1,229 | 1,229 | D | ||||||||
Stock Option (Right to Buy) | $ 87.18 | 03/10/2015 | 03/10/2021 | Common Stock | 4,621 | 4,621 | D | ||||||||
Stock Option (Right to Buy) | $ 91.75 | 03/10/2015 | A(3) | 6,627 | 03/10/2016 | 03/10/2022 | Common Stock | 6,627 | $ 0 | 6,627 | D | ||||
Performance Stock Unit | $ 0 | 03/12/2015 | 03/12/2015 | Common Stock | 268 | 268 | D | ||||||||
Performance Stock Unit | $ 0 | 03/11/2016 | 03/11/2016 | Common Stock | 328 | 328 | D | ||||||||
Performance Stock Unit | $ 0 | 03/10/2017 | 03/10/2017 | Common Stock | 1,418 | 1,418 | D | ||||||||
Performance Stock Unit(rTSR) | $ 0 | 03/10/2015 | A(4) | 900 | 03/10/2018 | 03/10/2018 | Common Stock | 900 | $ 0 | 900 | D | ||||
Performance Stock Unit(ROIC) | $ 0 | 03/10/2015 | A(5) | 1,090 | 03/10/2018 | 03/10/2018 | Common Stock | 1,090 | $ 0 | 1,090 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Espelien Keith E. C/O COMPASS MINERALS INTERNATIONAL, INC. 9900 WEST 109TH STREET, SUITE 100 OVERLAND PARK, KS 66210 |
Senior Vice President |
/s/ Robert E. Marsh, Attorney in Fact | 03/12/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The information in this report is based on a 401(k) plan statement dated as of 03-09-15. |
(2) | Restricted Stock Units granted: 3 year cliff vest on 3-10-2018, provided performance threshold satisfied. |
(3) | Stock options granted: vesting 25% after year one and then 25% per year thereafter. |
(4) | On the third anniversary of the grant date, these PSUs cliff vest and shares of Company common stock are granted based on achievement of relative total shareholder return ("rTSR") performance goals over a three-year period beginning in 2015 and ending in 2017. Payout for vested PSUs range from 0% to 150% based on the Company's rTSR percentile compared to the rTSR of the companies comprising a market index. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted percentile rank. |
(5) | On the third anniversary of the grant date, these PSUs cliff vest and shares of Company common stock are granted based on an average of three annual calculations of achievement of return on invested capital ("ROIC") performance goals over a three-year period beginning in 2015 and ending in 2017. Payout for vested PSUs range from 0% to 200% based on the Company's ROIC performance. The number of shares in this grant are subject to adjustment, up or down, based upon attainment above or below the targeted ROIC. |