SPIRE INC — Director's Dealing 2011

Sep 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LACLEDE GROUP INC (LG)
CIK: 0001126956
Period of Report: 2011-09-01

Reporting Person: Sitherwood Suzanne (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-01	Common Stock	A	7000	$0.00	Acquired	7000	Direct
2011-09-01	Common Stock	A	10000	$0.00	Acquired	10000	Direct

Footnotes

F1: Represents award of restricted stock units that vest in three equal annual installments beginning September 1, 2012. The units will also vest upon a change in control and upon termination without cause from March 1, 2012 thru September 1, 2014. Each unit represents a contingent right to receive one share of Laclede Group common stock.

F2: Represents award of performance contingent restricted stock units that, after two years, will vest: (i) 50% when the Company's average stock price for any period of consecutive three months beginning on and after December 1, 2011 exceeds by 10% the average stock price for the three month period of 9/1/11-11/30/11; (ii) 100% when the Company's average stock price for any period of three consecutive months beginning on and after 12/1/2011 exceeds by 15% the average stock price for the three month period of 9/1/11-11/30/11. The units will also vest upon a change in control and upon termination without cause on or after March 1, 2012; and will expire at close of business on September 1, 2016. Each unit represents a contingent right to receive one share of Laclede Group common stock.