4//SEC Filing
ALLEGHENY ENERGY, INC 4
Accession 0000003673-06-000165
CIK 0000003673operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 12:56 PM ET
Size
10.8 KB
Accession
0000003673-06-000165
Insider Transaction Report
Form 4
SERKES JEFFREY D
Sr. VP & Chief Fin. Officer
Transactions
- Exercise/Conversion
Common Stock, $1.25 par value
2006-07-03$37.28/sh+452,703$16,876,768→ 572,951 total - Tax Payment
Common Stock, $1.25 par value
2006-07-03$37.28/sh−176,206$6,568,960→ 396,745 total - Exercise/Conversion
Stock Units
2006-07-03−238,265→ 107,220 total→ Common Stock (238,265 underlying)
Holdings
- 682.483(indirect: ESOSP)
Common Stock, $1.25 par value
Footnotes (5)
- [F1]Represents shares of the Issuer's Common Stock issued to Mr. Serkes in connection with the vesting of Stock Units.
- [F2]Calculated based on the average of the high and low sale prices for a share of the Issuer's Common Stock on the New York Stock Exchange on July 3, 2006.
- [F3]Shares of the Issuer's Common Stock withheld as payment for minimum required federal, state and local tax withholdings.
- [F4]Held through the Allegheny Energy, Inc. Employee Stock Ownership and Savings Plan.
- [F5]Mr. Serkes was granted 714,795 Stock Units on February 18, 2004. One-third of the Stock Units vested on July 3, 2004, one-third vested on July 3, 2005 and one-third vested on July 3, 2006. The Issuer pays holders of Stock Units the full value of each vested Stock Unit in shares of its Common Stock, subject to the holder's election to defer payments, if any. With respect to the Stock Units that vested on July 3, 2004, Mr. Serkes elected to receive 23,827 of the underlying shares on July 3, 2004 and to defer his receipt of the remaining 214,438 shares until July 3, 2006. With respect to the Stock Units that vested on July 3, 2005, Mr. Serkes elected to receive 23,827 of the underlying shares on July 3, 2005 and to defer his receipt of (a) 107,218 shares until March 31, 2006 and (b) 107,220 shares until January 2, 2007.
Documents
Issuer
ALLEGHENY ENERGY, INC
CIK 0000003673
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000003673
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 12:56 PM ET
- Size
- 10.8 KB