UIL HOLDINGS CORP 4
4 · UIL HOLDINGS CORP · Filed Jan 6, 2016
Insider Transaction Report
Form 4
MIGLIO DANIEL J
Director
Transactions
- Disposition to Issuer
Common Stock
2015-12-16−34,936→ 0 total - Disposition to Issuer
Restricted Stock
2015-12-16−1,965→ 0 total - Disposition to Issuer
Phantom Stock Units
2015-12-16−21,158.444→ 0 total→ Common Stock (21,158.444 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the merger of UIL Holdings Corporation (UIL) and Avangrid, Inc. (AGR) in exchange for a like number of shares of common stock of AGR plus $10.50 per share.
- [F2]Each share disposed of pursuant to the merger of UIL and AGR in exchange for 1.28059748557929000 shares of Restricted Stock of AGR.
- [F3]Phantom Stock Units represent directors' fees paid in shares of UIL Common Stock and deferred under UIL's Non-Employee Directors Common Stock and Deferred Compensation Plan (Plan). Payment of the phantom stock underlying the phantom stock unit is made at the time elected by the recipient pursuant to the terms and provisions of the Plan.
- [F4]Each share disposed of pursuant to the merger of UIL and AGR in exchange for cash in the amount of $51.525 per phantom stock unit.