James D. Standen - Oct 15, 2023 Form 4 Insider Report for COMPASS MINERALS INTERNATIONAL INC (CMP)

Role
Chief Commercial Officer
Signature
/s/ Robert B. Porter, Attorney-in-Fact
Stock symbol
CMP
Transactions as of
Oct 15, 2023
Transactions value $
-$35,151
Form type
4
Date filed
10/17/2023, 05:33 PM
Previous filing
Sep 21, 2023
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMP Common Stock Options Exercise $0 +4.39K +14.63% $0.00 34.4K Oct 15, 2023 Direct
transaction CMP Common Stock Tax liability -$35.2K -1.29K -3.75% $27.27 33.1K Oct 15, 2023 Direct F1
holding CMP Common Stock 3.14K Oct 15, 2023 Company 401(k) Plan F2

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 +21.8K $0.00 21.8K Oct 15, 2023 Common Stock 21.8K Direct F3, F4
transaction CMP Restricted Stock Unit Options Exercise $0 -1.21K -50.02% $0.00 1.21K Oct 15, 2023 Common Stock 1.21K Direct F5, F6
transaction CMP Restricted Stock Unit Options Exercise $0 -3.18K -33.34% $0.00 6.36K Oct 15, 2023 Common Stock 3.18K Direct F3, F7
* 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 The reported number is based on a 401(k) plan statement dated as of October 13, 2023.
F3 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F4 Restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date and ending on October 15, 2026.
F5 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.
F6 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.
F7 Restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date and ending on October 15, 2025.