Essential Utilities, Inc. — Director's Dealing 2019

Mar 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AQUA AMERICA INC (WTR)
CIK: 0000078128
Period of Report: 2019-02-28

Reporting Person: Luning Christopher Paul (Sr. VP, General Counsel & Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-28	Common Stock	A	4806	—	Acquired	49004	Direct
2019-02-28	Common Stock	F	3674	$35.605	Disposed	45330	Direct
2019-02-28	Common Stock	A	2548	—	Acquired	47878	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-28	Stock Options (Right to Buy)	$35.94	A	39107	Acquired	2029-02-28	Common Stock (39107)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock 401k	1452.35	Indirect

Footnotes

F1: Represents acquisition of shares upon the earning and vesting of performance-based share units awarded on 02/21/2016. Vesting determination was made by the Compensation Committee on 2/28/2019. Represents vesting at 70.68% of target.

F2: Includes additional shares acquired under the Issuer's Employee Stock Purchase Plan since the date of the reporting person's last ownership report.

F3: Disposition to issuer for tax obligations upon the vesting of restricted stock units and performance-based share units.

F4: Represents award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units vest on February 28, 2022.

F5: Includes shares acquired under the Company's 401k plan since the last filing.

F6: Grant of 39,107 shares of stock options which vest one-third each year on the anniversary of the grant, subject to achievement of designated performance goals.