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EVERSOURCE ENERGY — Director's Dealing 2016
Mar 7, 2016
30196_dirs_2016-03-07_16b63834-5c39-4a58-b806-3860adef80af.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EVERSOURCE ENERGY (ES)
CIK: 0000072741
Period of Report: 2016-03-04
Reporting Person: SCHWEIGER WERNER J (Executive VP and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-04 | Common Shares, $5.00 par value | M | 47232 | $28.12 | Acquired | 200316 | Direct |
| 2016-03-04 | Common Shares, $5.00 par value | S | 47232 | $54.98 | Disposed | 153084 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-04 | Employee Stock Option (Right to Buy) | $28.12 | M | 47232 | Disposed | 2017-05-03 | Common Shares, $5.00 par value (47232) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $5.00 par value | 9326 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Shares | $ | Common Shares, $5.00 par value (104075) | 104075 | Direct |
Footnotes
F1: Includes restricted share units, deferred restricted share units and dividend equivalents thereon.
F2: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.75 to $55.35, inclusive. The reporting person undertakes to provide Eversource Energy, any security holder of Eversource Energy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold within the range set forth above.
F3: Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
F4: The Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified deferred compensation plan, that is nominally invested as common shares. Each phantom share represents the right to receive the cash value of one common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents exempt from line item reporting under SEC Rule 16a-11.