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NEXTERA ENERGY INC — Director's Dealing 2017
Feb 21, 2017
29810_dirs_2017-02-21_f3a796a1-fd48-4897-9dad-b25b74d538d8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NEXTERA ENERGY INC (NEE)
CIK: 0000753308
Period of Report: 2017-02-17
Reporting Person: Nazar Manoochehr K (President, Nuclear Div and CNO, President, Nuclear Div CNO-Sub)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-17 | Common Stock | A | 3289 | — | Acquired | 128307 | Direct |
| 2017-02-17 | Common Stock | A | 19016 | — | Acquired | 147323 | Direct |
| 2017-02-17 | Common Stock | F | 7660 | $126.86 | Disposed | 139663 | Direct |
| 2017-02-17 | Common Stock | F | 1568 | $126.86 | Disposed | 138095 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-17 | Phantom Shares | $ | A | 959 | Acquired | Common Stock () | Direct | |
| 2017-02-17 | Employee Stock Option (Right to Buy) | $126.86 | A | 31494 | Acquired | 2027-02-17 | Common Stock (31494) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1554 | Indirect |
Footnotes
F1: Restricted stock grant made pursuant to Issuer's 2011 Long Term Incentive Plan, exempt under Rule 16b-3.
F2: Shares acquired in settlement of performance share awards (which were not derivative securities) under Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
F3: Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired February 17, 2017 in settlement of performance share awards.
F4: Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 14, 2014, February 13, 2015 and February 12, 2016.
F5: Annual credit of phantom shares to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the NextEra Energy, Inc. Supplemental Executive Retirement Plan ("SERP") in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Retirement Savings Plan plus (b) theoretical earnings, by the closing price of the Issuer's common stock on the last business day of the relevant year ($119.46 in 2016). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
F6: Options to buy 10,498 shares become exercisable on each of 02/15/2018, 02/15/2019 and 02/15/2020.