SOUTHERN UNION CO 4
4 · SOUTHERN UNION CO · Filed Feb 12, 2004
Insider Transaction Report
Form 4
MORGAN DENNIS K
EVP Regulatory & Litigation
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 30,753.45 shares of common stock through the Issuer's Supplemental Plan, 16,228.3159 shares of common stock through the Issuer's 401(K) Plan and holds directly 19,143 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.