Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

EVERSOURCE ENERGY Director's Dealing 2017

Mar 3, 2017

30196_dirs_2017-03-03_3e4f24a6-2be9-4e1e-b093-54c592276070.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVERSOURCE ENERGY (ES)
CIK: 0000072741
Period of Report: 2017-03-01

Reporting Person: MAY THOMAS J (Chrmn of the Board & Trustee)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-03-01 Common Shares, $5.00 par value M 52875 Acquired 258830 Direct
2017-03-01 Common Shares, $5.00 par value F 23635 $54.70 Disposed 235195 Direct
2017-03-03 Common Shares, $5.00 par value S 64164 $58.1531 Disposed 171031 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-03-01 Phantom Shares $ M 52875 Disposed Common Shares, $5.00 par value (52875) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares, $5.00 par value 71076 Indirect
Common Shares, $5.00 par value 1842 Indirect

Footnotes

F1: These shares constitute remaining previously disclosed equity compensation earned by Mr. May pursuant to the registrant's non-qualified deferred compensation plan. The shares were distributed in accordance with the terms of the plan, which delayed the distribution of this portion of such equity compensation as required by IRS 409A regulations. Each stock equivalent phantom share was settled for and represented the economic equivalent of one Eversource common share.

F2: Includes restricted share units and dividend equivalents thereon.

F3: Shares withheld to satisfy tax withholding obligation.

F4: The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.00 to $58.385, 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 at each separate price within the range set forth above.

F5: Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.

F6: 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 one Eversource Energy 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.