CHESAPEAKE UTILITIES CORP — Director's Dealing 2021

Feb 11, 2021

SEC Form 4/A — Form 4/A

Issuer: CHESAPEAKE UTILITIES CORP (CPK)
CIK: 0000019745
Period of Report: 2021-01-04

Reporting Person: Hill Thomas P Jr (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Common Stock	F	439	$108.21	Disposed	18429	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15437	Indirect

Footnotes

F1: This amended Form 4 is being filed in order to reflect the settlement of 1,098 deferred stock units in shares of Chesapeake Utilities Corporation ("CPK") common stock, on a one-for-one basis, pursuant to the CPK Non-Qualified Deferred Compensation Plan. Accordingly, 439 shares of CPK stock were utilized to satisfy the tax liability associated with the settlement of the deferred stock units and 659 shares were issued to the reporting person (439 shares to cover the tax liability + 659 shares issued to the reporting person = 1,098 deferred stock units). The original Form 4 reported that these deferred stock units were settled for cash. CPK has adopted a policy to allow for settlement of deferred stock units solely in shares of CPK common stock, as reflected in the terms of the Non-Qualified Deferred Compensation Plan.

F2: The reporting person's Form 4 filed on March 25, 2020, inadvertently stated that the reporting person purchased 500 shares of common stock; however, the reporting person's spouse purchased such shares. Accordingly, column 5 of this amendment reflects the correct holdings for the reporting person and his spouse.

F3: Includes 8,090 deferred stock units that will be settled on a one-for-one basis in common stock.