Filing Details

Accession Number:
0001140361-11-016173
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-11 17:35:03
Reporting Period:
2011-03-10
Filing Date:
2011-03-11
Accepted Time:
2011-03-11 17:35:03
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 600
Overland Park KS 66210
Vice President & Cfo 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 2011-03-10 2,540 $0.00 51,469 No 4 M Direct
Common Stock Disposition 2011-03-11 2,540 $86.48 48,929 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2011-03-10 2,540 $0.00 2,540 $0.00
Common Stock Restricted Stock Unit Acquisiton 2011-03-10 1,966 $0.00 1,966 $0.00
Common Stock Stock Option (Right to Buy) Acquisiton 2011-03-10 4,429 $0.00 4,429 $86.47
Common Stock Performance Share Unit Acquisiton 2011-03-10 1,386 $0.00 1,386 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-03-10 2011-03-10 No 4 M Direct
1,966 2014-03-10 2014-03-10 No 4 A Direct
4,429 2012-03-10 2018-03-10 No 4 A Direct
1,386 2014-03-10 2014-03-10 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 205 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 2012-03-10 2012-03-10 2,756 2,756 Direct
Common Stock Restricted Stock Unit $0.00 2013-03-10 2013-03-10 1,974 1,974 Direct
Common Stock Stock Option (Right to Buy) $25.69 2007-01-23 2013-01-23 14,000 14,000 Direct
Common Stock Stock Option (Right to Buy) $33.44 2008-03-12 2014-03-12 10,000 10,000 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 Performance Share Unit $0.00 2013-03-10 2013-03-10 509 509 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2012-03-10 2,756 2,756 Direct
2013-03-10 1,974 1,974 Direct
2013-01-23 14,000 14,000 Direct
2014-03-12 10,000 10,000 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
2013-03-10 509 509 Direct
Footnotes
  1. The 2,540 shares were traded in blocks ranging in price from $85.63 to $87.83. $86.48 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 information in this report is based on a 401(k) plan statement dated as of 03-01-11.
  3. All Restricted Stock Units have a conversion price of $0.00.
  4. Restricted Stock Units granted: 3 year cliff vest on 3-10-14.
  5. Stock options granted: vesting 25% after year one and then 25% per year thereafter.
  6. Performance Stock Units are divided into three approximately equal tranches, each having a performance period of one year. On the third anniversary of the grant date, the PSUs will vest based on achievement of total shareholder return ("TSR") performance goals for each tranche. Once vested, payout for PSUs can range from 0% to 150% based on the Company's TSR percentile compared to the TSR of the companies comprising the Russell 3000 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. If a change of control occurs before the third anniversary of the grant date, PSUs not previously forfeited will vest and be distributed immediately. Dividend equivalents are paid on PSUs earned in a year, subject to restrictions. PSUs have no voting
  7. All Performance Stock Units have a conversion price of $0.00.
  8. The grant amount of 1,386 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 2,079.