0001104659-18-015196.txt : 20180306
0001104659-18-015196.hdr.sgml : 20180306
20180306151418
ACCESSION NUMBER: 0001104659-18-015196
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180302
FILED AS OF DATE: 20180306
DATE AS OF CHANGE: 20180306
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HILL HEATH A.
CENTRAL INDEX KEY: 0001502181
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34547
FILM NUMBER: 18669634
MAIL ADDRESS:
STREET 1: 385 INTERLOCKEN CRESCENT
STREET 2: SUITE 400
CITY: BROOMFIELD
STATE: CO
ZIP: 80021
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CLOUD PEAK ENERGY INC.
CENTRAL INDEX KEY: 0001441849
STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE SURFACE MINING [1221]
IRS NUMBER: 263088162
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 505 SOUTH GILLETTE AVE.
CITY: GILLETTE
STATE: WY
ZIP: 82716
BUSINESS PHONE: 307-687-6000
MAIL ADDRESS:
STREET 1: 505 SOUTH GILLETTE AVE.
CITY: GILLETTE
STATE: WY
ZIP: 82716
4
1
a4.xml
4
X0306
4
2018-03-02
0
0001441849
CLOUD PEAK ENERGY INC.
CLD
0001502181
HILL HEATH A.
505 S. GILLETTE AVE.
GILLETTE
WY
82716
0
1
0
0
Exec. VP & CFO
Common Stock
2018-03-02
4
F
0
15470
3.30
D
26573
D
Common Stock
2018-03-02
4
M
0
52763
3.30
A
79336
D
Common Stock
2018-03-02
4
F
0
23206
3.30
D
56130
D
Performance Share Units
2018-03-02
4
M
0
52763
0
D
Common Stock
52763
0
D
Restricted Stock Units
2018-03-02
4
A
0
68182
0
A
Common Stock
68182
68182
D
Reflects the number of shares of common stock withheld by the Issuer in satisfaction of the Reporting Person's tax withholding obligation upon the vesting of 2015 restricted stock units ("RSUs").
Each 2015 performance share unit ("PSU") represented a contingent right to receive the value of one share of Cloud Peak Energy Inc. ("CPE") common stock. The PSUs vested 3 years from the date of grant (which was 3/2/2015) upon CPE's achievement of performance goals, which were based upon CPE's relative and absolute total shareholder return ("TSR"). These TSR achievements resulted in a payout of 100% of the target, which target number was originally reported in Table II on the Form 4 filed on 3/3/2015.
Reflects the number of shares of common stock withheld by the Issuer in satisfaction of the Reporting Person's tax withholding obligation upon the vesting of 2015 PSUs.
This total does not include RSUs granted to the Reporting Person in 2016, 2017 or 2018 because vested RSUs may be paid in shares, cash or a combination of shares and cash, in the discretion of the Compensation Committee.
Each 2018 RSU represents a contingent right to receive the value of one share of CPE common stock. In general, 100% of the RSUs vest three years after the date of grant subject to the terms of the award agreement and CPE's long-term incentive plan ("LTIP"). Vested RSUs may be paid in shares, cash or a combination of shares and cash, in the discretion of the Compensation Committee.
This total does not include 2018 PSUs that were also granted on 3/2/2018 and that will be reported under Section 16 upon any vesting, as provided by applicable rules. PSUs represent a contingent right to receive the value of one share of CPE common stock. In general, PSUs vest 3 years from the date of grant depending on CPE's achievement of performance goals, which are based upon CPE's TSR, and subject to the terms of the award agreement and CPE's LTIP. These TSR achievements may result in a payout ranging between 0% and 200% of the target.
/s/ Bryan J. Pechersky, attorney-in-fact for Heath A. Hill
2018-03-06