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Form PREM14A
STILLWATER MINING CO /DE/ filed this Form PREM14A on 01/24/2017
Document Outline
Entire Document (2248.7 KB)
Subdocument 1 - PREM14A - PREM14A
Page 1 - UNITED STATES
Page 2 - PRELIMINARY PROXY STATEMENT SUBJECT TO COMPLETION, DATED JANUARY 24, 2017
Page 3 - STILLWATER MINING COMPANY
Page 4 - Under Delaware law, shareholders who do not vote in favor of the proposal to adopt the merger agreem
Page 5 - TABLE OF CONTENTS
Page 6 - N/A
Page 7 - SUMMARY TERM SHEET RELATED TO THE MERGER
Page 8 - Proposal 1: The Merger (page 25)
Page 9 - Conditions to the Merger (page 68)
Page 10 - Closing and Effective Time of the Merger (page 52)
Page 11 - merger, and no opinion or view was expressed as to the relative merits of the merger in comparison t
Page 12 - Proposal 1: The Merger
Page 13 - Non-Solicitation by Stillwater (page 59)
Page 14 - The Merger Agreement
Page 15 - The Merger Agreement
Page 16 - The Merger Agreement
Page 17 - QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING AND THE MERGER
Page 18 - Annex A
Page 19 - Proposal 1: The Merger
Page 20 - Voting in Person
Page 21 - Common Shares Held by Record Holder
Page 22 - N/A
Page 23 - Okapi Partners LLC
Page 24 - CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
Page 25 - THE ANNUAL MEETING
Page 26 - Recommendation of the Stillwater Board of Directors
Page 27 - Proposal 1: The Merger Interests of the Company s Directors and Executive Officers in the Merger
Page 28 - Submit a Proxy Card By Mail.
Page 29 - Abstentions
Page 30 - THE PARTIES
Page 31 - PROPOSAL 1: THE MERGER
Page 32 - N/A
Page 33 - N/A
Page 34 - N/A
Page 35 - Certain Stillwater Unaudited Prospective Financial Information
Page 36 - Opinion of Stillwater s Financial Advisor
Page 37 - Reasons for the Merger; Recommendation of the Stillwater Board of Directors
Page 38 - N/A
Page 39 - The foregoing discussion of the information and factors considered by the Stillwater board of direct
Page 40 - Cautionary Statement Concerning Forward-Looking Statements
Page 41 - Prospective Financial Information
Page 42 - Opinion of Stillwater s Financial Advisor
Page 43 - N/A
Page 44 - The financial analyses summarized below include information presented in tabular format. In order to
Page 45 - N/A
Page 46 - Selected Precedent Transactions Analysis
Page 47 - Net Asset Value Analysis.
Page 48 - Other Factors
Page 49 - Financing
Page 50 - PSU Awards
Page 51 - Quantification of Potential Payments to Stillwater s Named Executive Officers in Connection with the
Page 52 - N/A
Page 53 - Material U.S. Federal Income Tax Consequences of the Merger
Page 54 - Holders of Stillwater common shares are urged to consult their own tax advisors to determine the par
Page 55 - Non-U.S. Holders
Page 56 - Regulatory Approvals
Page 57 - THE MERGER AGREEMENT
Page 58 - Closing and Effective Time of the Merger
Page 59 - You should not return your stock certificates with the enclosed proxy card, and you should not forwa
Page 60 - PSU Awards
Page 61 - N/A
Page 62 - N/A
Page 63 - Covenants Relating to the Conduct of Business
Page 64 - N/A
Page 65 - Non-Solicitation by Stillwater
Page 66 - bona fide
Page 67 - Changes in the Stillwater Board Recommendation
Page 68 - Financing
Page 69 - bona fide
Page 70 - Sibanye Recommendation
Page 71 - N/A
Page 72 - Director and Officer Indemnification and Insurance
Page 73 - Other Covenants and Agreements
Page 74 - N/A
Page 75 - Termination of the Merger Agreement
Page 76 - Stillwater Termination Fee; Expense Reimbursement
Page 77 - Sibanye Reverse Termination Fee; Expense Reimbursement
Page 78 - Remedies; Specific Enforcement
Page 79 - PROPOSAL 2: ADVISORY VOTE ON NAMED EXECUTIVE OFFICER MERGER-RELATED COMPENSATION
Page 80 - PROPOSAL 3: ELECTION OF DIRECTORS
Page 81 - Nominees for Election
Page 82 - PATRICE E. MERRIN
Page 83 - MICHAEL S. PARRETT
Page 84 - Specific qualifications, attributes, skills and experience:
Page 85 - BOARD OF DIRECTORS AND COMMITTEES
Page 86 - Committees
Page 87 - Corporate Governance
Page 88 - Candidate Selection Process
Page 89 - Business Ethics and Code of Conduct
Page 90 - Compensation Committee Interlocks and Insider Participation
Page 91 - 2016 DIRECTOR COMPENSATION
Page 92 - COMPENSATION DISCUSSION AND ANALYSIS
Page 93 - Consideration of our 2016 Advisory Vote on Executive Compensation
Page 94 - N/A
Page 95 - Elements of 2016 Total Compensation
Page 96 - Compensation Decisions that Promote the Interests of Shareholders
Page 97 - Compensation Peer Group Used for 2016 Pay Decisions
Page 98 - Performance Peer Group for PSUs
Page 99 - Pay Elements Details
Page 100 - Annual Bonus Program
Page 101 - 2016 Performance Review
Page 102 - Rationale for TSR Measures
Page 103 - Long-Term Incentive Compensation
Page 104 - 2016 Long-Term Incentive Mix
Page 105 - N/A
Page 106 - Rationale for Measures
Page 107 - Stock Ownership Guidelines
Page 108 - Claw-Back Policy
Page 109 - COMPENSATION COMMITTEE REPORT
Page 110 - SUMMARY COMPENSATION TABLE
Page 111 - 2016 GRANTS OF PLAN-BASED AWARDS
Page 112 - 2016 OPTION EXERCISES AND STOCK VESTED
Page 113 - N/A
Page 114 - POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE-IN-CONTROL
Page 115 - Christopher M. Bateman
Page 116 - Brent R. Wadman
Page 117 - Kristen K. Koss
Page 118 - Dee L. Bray
Page 119 - EXECUTIVE COMPENSATION, OTHER COMPENSATION
Page 120 - Proposal 1: The Merger Interests of the Company s Directors and Officers in the Merger Severance Ben
Page 121 - Proposal 1: The Merger Interests of the Company s Directors and Officers in the Merger Severance Ben
Page 122 - Section 16(a) Beneficial Ownership Reporting Compliance
Page 123 - CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
Page 124 - AUDIT COMMITTEE REPORT
Page 125 - N/A
Page 126 - PROPOSAL 4: RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Page 127 - PROPOSAL 5: ADVISORY VOTE ON EXECUTIVE OFFICER COMPENSATION
Page 128 - PROPOSAL 6: ADVISORY VOTE ON FREQUENCY OF FUTURE VOTES ON
Page 129 - PROPOSAL 7: EQUITY INCENTIVE PLAN
Page 130 - Eligibility
Page 131 - Types of Awards.
Page 132 - Share Limits
Page 133 - Transfer Restrictions
Page 134 - Federal Income Tax Consequences of Awards Under the Plan
Page 135 - Equity Compensation Plan Information
Page 136 - PROPOSAL 8: VOTE ON ADJOURNMENT
Page 137 - MARKET PRICE OF THE COMPANY S COMMON STOCK
Page 138 - SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
Page 139 - N/A
Page 140 - APPRAISAL RIGHTS
Page 141 - i.e.
Page 142 - N/A
Page 143 - Weinberger
Page 144 - N/A
Page 145 - MULTIPLE SHAREHOLDERS SHARING ONE ADDRESS
Page 146 - SUBMISSION OF SHAREHOLDER PROPOSALS
Page 147 - WHERE YOU CAN FIND ADDITIONAL INFORMATION
Page 148 - N/A
Page 149 - ANNEX A
Page 150 - Table of Contents
Page 151 - N/A
Page 152 - N/A
Page 153 - This Agreement and Plan of Merger
Page 154 - Acquisition Proposal
Page 155 - Closing Date
Page 156 - Company Owned Intellectual Property
Page 157 - Convertible Notes
Page 158 - Intellectual Property
Page 159 - Measurement Date
Page 160 - Permitted Liens
Page 161 - Required Information
Page 162 - Tax
Page 163 - N/A
Page 164 - Writing
Page 165 - Certificate of Merger
Page 166 - Payment Fund
Page 167 - Dissenting Shares
Page 168 - N/A
Page 169 - Stillwater Mining Corporation
Page 170 - Company Disclosure Schedules
Page 171 - N/A
Page 172 - N/A
Page 173 - N/A
Page 174 - N/A
Page 175 - N/A
Page 176 - N/A
Page 177 - N/A
Page 178 - Parent Announcements
Page 179 - N/A
Page 180 - Collective Bargaining Agreement
Page 181 - N/A
Page 182 - N/A
Page 183 - N/A
Page 184 - Company Material Contracts
Page 185 - Parent Disclosure Schedules
Page 186 - N/A
Page 187 - N/A
Page 188 - N/A
Page 189 - N/A
Page 190 - N/A
Page 191 - N/A
Page 192 - N/A
Page 193 - N/A
Page 194 - N/A
Page 195 - Superior Proposal Notice
Page 196 - Parent Adverse Recommendation Change
Page 197 - N/A
Page 198 - N/A
Page 199 - N/A
Page 200 - N/A
Page 201 - N/A
Page 202 - N/A
Page 203 - N/A
Page 204 - N/A
Page 205 - N/A
Page 206 - N/A
Page 207 - N/A
Page 208 - N/A
Page 209 - N/A
Page 210 - N/A
Page 211 - N/A
Page 212 - de minimis
Page 213 - N/A
Page 214 - N/A
Page 215 - Company Termination Fee
Page 216 - N/A
Page 217 - N/A
Page 218 - N/A
Page 219 - N/A
Page 220 - N/A
Page 221 - N/A
Page 222 - In witness whereof
Page 223 - ANNEX B
Page 224 - N/A
Page 225 - N/A
Page 226 - ANNEX C
Page 227 - N/A
Page 228 - N/A
Page 229 - N/A
Page 230 - N/A
Page 231 - ANNEX D
Page 232 - N/A
Page 233 - N/A
Page 234 - N/A
Page 235 - Section 2. Administration.
Page 236 - Section 4. Eligibility; Award Agreements; Deferrals.
Page 237 - Section 5. Performance Awards.
Page 238 - Section 6. Restricted Stock; Restricted Stock Units.
Page 239 - Section 8. Stock Appreciation Rights.
Page 240 - Section 9. Other Stock- or Cash-Based Awards.
Page 241 - provided
Page 242 - ab initio
Page 243 - Section 14. Governing Law.
Page 244 - N/A
Page 245 - Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting: