SEC Form 4 · accession 0001227654-18-000055
COMPASS MINERALS INTERNATIONAL INC · CMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven N. Berger
Officer — SVP, Corporate Services
Period of report
Mar 28, 2018
Accepted (ET)
Mar 28, 2018 · 5:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001227654
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 28, 2018 | P | 750 | $59.35 | A | 5,394 | D | |
| Common StockF3 | holding | — | — | — | 204 | I | Company 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This purchase of shares is matchable under Section 16(b) of the Securities Exchange Act of 1934 with the Reporting Person's sale of 311 shares on March 12, 2018, which were sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and release of restricted stock units. The March 12, 2018 sale was made to satisfy tax withholding obligations funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. The Reporting Person has agreed to pay the Issuer $1,200.46, representing the full amount of profit realized in connection with the short-swing transaction.
- F2Of the reported shares, 15 shares are held jointly with the Reporting Person's spouse.
- F3The reported number is based on a 401(k) plan statement dated as of March 27, 2018.