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EVERSOURCE ENERGY — Director's Dealing 2014
Jan 23, 2014
30196_dirs_2014-01-23_2d07f9a6-cee2-4c18-8fe6-2cc68b927ffa.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NORTHEAST UTILITIES (NU)
CIK: 0000072741
Period of Report: 2014-01-21
Reporting Person: MAY THOMAS J (President, CEO & Trustee)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-21 | Common Shares, $5.00 par value | M | 244032 | $28.12 | Acquired | 540150 | Direct |
| 2014-01-21 | Common Shares, $5.00 par value | M | 196800 | $24.74 | Acquired | 736950 | Direct |
| 2014-01-21 | Common Shares, $5.00 par value | S | 440832 | $43.0358 | Disposed | 296118 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-21 | Employee Stock Option (Right to Buy) | $28.12 | M | 244032 | Disposed | 2017-05-03 | Common Shares, $5.00 par value (244032) | Direct |
| 2014-01-21 | Employee Stock Option (Right to Buy) | $24.74 | M | 196800 | Disposed | 2018-01-24 | Common Shares, $5.00 par value (196800) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $5.00 par value | 63379 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Shares | $ | Common Shares, $5.00 par value (859558) | 859558 | Direct |
Footnotes
F1: Includes restricted share units and dividend equivalents thereon.
F2: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 27, 2013.
F3: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.00 to $43.10, inclusive. The reporting person undertakes to provide Northeast Utilities, any security holder of Northeast Utilities, or the staff of the Securities and Exchange Commission, upon request, full information regarding number of shares sold within the range set forth above.
F4: Shares held in trust under the Northeast Utilities Service Company 401k Plan, a qualified plan, according to information supplied by the plan's record keeper.
F5: Reporting Person's deferred compensation under the NSTAR Deferred Compensation Plan, which was merged into the NU Deferred Compensation Plan effective January 1, 2014, which deferred compensation is nominally invested as common shares. Each phantom share represents the right to receive one NU Common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend equivalents exempt from the line item reporting under SEC Rule 16a-11.