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EVERSOURCE ENERGY — Director's Dealing 2017
Feb 27, 2017
30196_dirs_2017-02-27_c0fe1c7e-13bd-4c65-800b-da69e9073e39.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: 2017-02-23
Reporting Person: NOLAN JOSEPH R JR (EVP-Customer & Corp Relations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-23 | Common Shares, $5.00 par value | A | 4923 | — | Acquired | 20442 | Direct |
| 2017-02-23 | Common Shares, $5.00 par value | F | 1791 | $56.15 | Disposed | 18651 | Direct |
| 2017-02-24 | Common Shares, $5.00 par value | S | 6282 | $58.279 | Disposed | 12369 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $5.00 par value | 17373 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Shares | $ | Common Shares, $5.00 par value (54024) | 54024 | Direct |
Footnotes
F1: Performance shares and dividend equivalent shares for the 2014-2016 Long-Term Incentive Program as determined on February 23, 2017.
F2: Includes restricted share units and dividend equivalents thereon.
F3: Shares withheld to satisfy tax withholding obligation.
F4: The transaction was executed in multiple trades at prices ranging from $58.18 to $58.37. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5: A fractional share interest was settled in cash in connection with the sale of shares from the reporting person's brokerage account.
F6: Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
F7: 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.