SOUTHERN UNION CO 4
4 · SOUTHERN UNION CO · Filed Feb 12, 2004
Insider Transaction Report
Form 4
DOWLING HARRY E
President of Division
Transactions
- Award
Employee Stock Option (Right to Purchase)
2004-02-06$18.55/sh+20,000$371,000→ 20,000 totalExercise: $18.55From: 2009-02-06Exp: 2014-02-06→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]All shares reported hereon, have been adjusted to reflect the 5% stock dividend distributed on July 31, 2003.
- [F2]The Reporting Person also holds indirectly 14,632.1424 shares of common stock through the Issuer's 401(K) Plan, 19,560.75 shares of common stock through the Issuer's Supplemental Deferred Plan and holds directly 4,495 shares of common stock.
- [F3]On February 6, 2004 the Reporting Person was granted an option to purchase 20,000 shares of common stock. The option vests in five equal installments on the anniversary of the grant and expires after ten years.