AI assistant
EVERSOURCE ENERGY — Director's Dealing 2017
Feb 6, 2017
30196_dirs_2017-02-06_31226bb3-27cf-4c1a-b4e4-5219cb635b2c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EVERSOURCE ENERGY (ES)
CIK: 0000072741
Period of Report: 2017-02-02
Reporting Person: JUDGE JAMES J (President, CEO and Trustee)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-02 | Common Shares, $5.00 par value | A | 48259 | — | Acquired | 196830 | Direct |
| 2017-02-03 | Common Shares, $5.00 par value | S | 90000 | $56.00 | Disposed | 106830 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $5.00 par value | 24449 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Shares | $ | Common Shares, $5.00 par value (85137) | 85137 | Direct |
Footnotes
F1: Grant of restricted share units (RSUs) which vests in three equal installments on February 2, 2018, 2019, and 2020. Restricted share units are distributable in Eversource Energy common shares on a one-for-one basis. RSU holders are entitled to receive dividend equivalents, exempt from line item reporting under SEC Rule 16a-11, to the same extent dividends are paid on common shares.
F2: Includes restricted share units and dividend equivalents thereon.
F3: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 10, 2016.
F4: Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
F5: 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.