Statement of Changes in Beneficial Ownership (4)
January 18 2023 - 6:14PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Standen James D. |
2. Issuer Name and Ticker or Trading Symbol
COMPASS MINERALS INTERNATIONAL INC
[
CMP
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Commercial Officer |
(Last)
(First)
(Middle)
C/O COMPASS MINERALS INTERNATIONAL, INC., 9900 WEST 109TH STREET, SUITE 100 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
1/13/2023 |
(Street)
OVERLAND PARK, KS 66210
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 1/13/2023 | | M | | 7644 | A | $0 | 34141 | D | |
Common Stock | 1/18/2023 | | S | | 7644 (1) | D | $46.16 (2) | 26497 | D | |
Common Stock | | | | | | | | 2870 (3) | I | Company 401(k) Plan |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 7. Title and Amount of Securities Underlying Derivative Security (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) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Stock Unit | (4) | 1/13/2023 | | M | | | 5744 | 1/13/2023 | 1/13/2023 | Common Stock | 5744.0 | $0 | 0 | D | |
Restricted Stock Unit | (5) | 1/13/2023 | | M | | | 1900 | (6) | 1/13/2024 | Common Stock | 1900.0 | $0 | 1901 | D | |
Explanation of Responses: |
(1) | Represents shares sold by the Reporting Person in connection with the vesting and release of the restricted stock units listed in Table II. |
(2) | The 7,644 shares were traded in blocks at prices ranging from $45.72 to $46.80 per share. $46.16 is the weighted average sale price per share. Information regarding the number of shares sold at each separate price is available upon request by the SEC staff or any security holder of the Issuer. |
(3) | The reported number is based on a 401(k) plan statement dated as of January 17, 2023. |
(4) | Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. A performance hurdle tied to the Issuer's 2020 financial performance was satisfied. |
(5) | Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. |
(6) | Restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date and ending on January 13, 2024. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Standen James D. C/O COMPASS MINERALS INTERNATIONAL, INC. 9900 WEST 109TH STREET, SUITE 100 OVERLAND PARK, KS 66210 |
|
| Chief Commercial Officer |
|
Signatures
|
/s/ Robert B. Porter, Attorney-in-Fact | | 1/18/2023 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | 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). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
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. |
Compass Minerals (NYSE:CMP)
Historical Stock Chart
From May 2024 to Jun 2024
Compass Minerals (NYSE:CMP)
Historical Stock Chart
From Jun 2023 to Jun 2024