AI assistant
EVERSOURCE ENERGY — Director's Dealing 2024
Feb 2, 2024
30196_dirs_2024-02-02_e3d41e03-9b7a-481e-9dde-161a59ee13c3.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: 2024-01-31
Reporting Person: NOLAN JOSEPH R JR (Chairman of the Bd, Pres & CEO, Trustee)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-31 | Common Shares, $5.00 par value | A | 9146 | — | Acquired | 77689 | Direct |
| 2024-01-31 | Common Shares, $5.00 par value | A | 37530 | — | Acquired | 115219 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares, $5.00 par value | 22380 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Shares | $ | Common Shares, $5.00 par value (67176) | 67176 | Direct |
Footnotes
F1: Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
F2: Performance shares and dividend equivalent shares for the 2021-2023 Long-Term Incentive Program as determined on January 31, 2024.
F3: Includes restricted share units and dividend equivalents thereon.
F4: Grant of restricted share units (RSUs) which vest in three equal installments on February 15, 2025, 2026 and 2027. 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.
F5: Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified plan, that is nominally invested as common shares. Each phantom share represents the right to receive one common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents and are exempt from the line item reporting under SEC rule 16a-11. Shares of phantom stock may be transferred by the reporting person into an alternative investment at any time.