George John Schuller Jr. - 15 Oct 2023 Form 4 Insider Report for COMPASS MINERALS INTERNATIONAL INC (CMP)

Signature
/s/ Robert B. Porter, Attorney-in-Fact
Issuer symbol
CMP
Transactions as of
15 Oct 2023
Net transactions value
-$74,911
Form type
4
Filing time
17 Oct 2023, 17:32:51 UTC
Previous filing
18 Jan 2023
Next filing
17 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMP Common Stock Options Exercise $0 +6,096 +21% $0.000000 34,733 15 Oct 2023 Direct
transaction CMP Common Stock Tax liability $74,911 -2,747 -7.9% $27.27 31,986 15 Oct 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CMP Restricted Stock Unit Award $0 +30,661 $0.000000 30,661 15 Oct 2023 Common Stock 30,661 Direct F2, F3
transaction CMP Restricted Stock Unit Options Exercise $0 -1,620 -50% $0.000000 1,620 15 Oct 2023 Common Stock 1,620 Direct F4, F5
transaction CMP Restricted Stock Unit Options Exercise $0 -4,476 -33% $0.000000 8,951 15 Oct 2023 Common Stock 4,476 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to satisfy tax withholding obligations on the vesting and release of the restricted stock units.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F3 Restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date and ending on October 15, 2026.
F4 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. A performance hurdle tied to the Issuer's fiscal year 2022 financial performance was satisfied.
F5 The first and second tranche of these restricted stock units vested on November 14, 2022 (the date the Compensation Committee certified achievement of the performance hurdle) and October 15, 2023, respectively. The remaining tranche will vest on October 15, 2024.
F6 Restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date and ending on October 15, 2025.