GALLAGHER EDWARD F X 4
4 · CH ENERGY GROUP INC · Filed Nov 14, 2003
Insider Transaction Report
Form 4
GALLAGHER EDWARD F X
Director
Transactions
- Award
Deferred Fee Phapntom Stock Units
2003-11-12+372→ 372 total→ Common Stock (372 underlying) - Award
Deferred Fee Phapntom Stock Units
2003-11-12$43.63/sh+954$41,623→ 954 total→ Common Stock (954 underlying)
Footnotes (2)
- [F1]Acquired at a price of $43.63 pursuant to the terms of the CH Energy Group, Inc. Directors and Executives Deferred Compensation Plan. The phantom stock units become payable in cash on a one-for-one basis at the value of the equivalent number of shares of CH Energy Group, Inc. common stock at the end of the calendar quarter in which the reporting person terminates service as a director.
- [F2]Acquired at a price of $43.63 pursuant to the terms of the CH Energy Group, Inc. Directors and Executives Deferred Compensation Plan in lieu of certain benefits that would otherwise be payable under the Stock Plan for Outside Directors. The phantom stock units become payable in cash on a one-for-one basis at the value of the equivalent number of shares of CH Energy Group, Inc. common stock at the end of the calendar quarter in which the reporting person terminates service as a director.