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: 2019-02-21

Reporting Person: Franklin Chris (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-28	Common Stock	A	25025	—	Acquired	138972	Direct
2019-02-28	Common Stock	F	14538	$35.605	Disposed	124434	Direct
2019-02-28	Common Stock	A	12383	—	Acquired	136817	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	190088	Acquired	2029-02-28	Common Stock (190088)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock 401k	32661.35	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: Disposition to issuer for tax obligations upon the vesting of restricted stock units and performance-based share units.

F3: 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.

F4: Includes shares acquired under the Company's 401k plan since the last filing.

F5: Grant of 190,088 shares of stock options which vest one-third each year on the anniversary of the grant, subject to achievement of designated performance goals.