LaVecchia Jean M 4
4 · NORTHEAST UTILITIES · Filed Dec 18, 2009
Insider Transaction Report
Form 4
LaVecchia Jean M
VP-Human Resources
Transactions
- Exercise/Conversion
Common Shares, $5.00 par value
2009-12-16$21.03/sh+2,680$56,360→ 29,859 total - Exercise/Conversion
Common Shares, $5.00 par value
2009-12-17$21.03/sh+1,820$38,275→ 28,999 total - Exercise/Conversion
Common Shares, $5.00 par value
2009-12-17$21.03/sh+4,500$94,635→ 31,679 total - Exercise/Conversion
Employee Stock Option (right to buy)
2009-12-16$21.03/sh−2,680$56,360→ 6,320 totalExercise: $21.03Exp: 2011-02-27→ Common Shares, $5.00 par value (2,680 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2009-12-17$21.03/sh−1,820$38,275→ 4,500 totalExercise: $21.03Exp: 2011-02-27→ Common Shares, $5.00 par value (1,820 underlying) - Sale
Common Shares, $5.00 par value
2009-12-16$26.00/sh−2,680$69,680→ 27,179 total - Sale
Common Shares, $5.00 par value
2009-12-17$26.00/sh−1,820$47,320→ 27,179 total - Sale
Common Shares, $5.00 par value
2009-12-17$26.00/sh−4,500$117,000→ 27,179 total - Exercise/Conversion
Employee Stock Option (right to buy)
2009-12-17$21.03/sh−4,500$94,635→ 0 totalExercise: $21.03Exp: 2001-02-27→ Common Shares, $5.00 par value (4,500 underlying)
Holdings
- 2,284(indirect: By 401(k))
Common Shares, $5.00 par value
- 378
Phantom Shares
→ Common Shares, $5.00 par value (0 underlying)
Footnotes (5)
- [F1]The vested options exercised to purchase 9,000 Northeast Utilities Common Shares at $21.03 in separate exercises of 2,680, 1,820 and 4,500, were granted on February 27, 2001. The options exercised and consequent sales of Common Shares were effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. LaVecchia on May 13, 2009.
- [F2]Includes restricted share units and reinvested dividend equivalents.
- [F3]Sale in connection with cashless exercise of stock options.
- [F4]Shares held in trust under the Northeast Utilities Service Company 401k Plan, a qualified plan, as of December 17, 2009, according to information supplied by the Plan's record keeper.
- [F5]The reporting person holds phantom shares of NU common under the Northeast Utilities Deferred Compensation Plan for Executives, a non-qualified deferred compensation plan (the DCP), made as matching contributions under the DCP. Each phantom share represents the right to receive the cash value of one share of NU common upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents exempt from line item reporting under SEC Rule 16a-11.