UIL HOLDINGS CORP 4/A
4/A · UIL HOLDINGS CORP · Filed Jan 6, 2016
Insider Transaction Report
Form 4/AAmended
ALBRIGHT THELMA R
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2015-12-16−47,557.976→ 0 total→ Common Stock (47,557.976 underlying) - Disposition to Issuer
Common Stock
2015-12-16−30,480→ 0 total - Disposition to Issuer
Phantom Stock Units
2015-12-16−63,453.634→ 0 total→ Common Stock (63,453.634 underlying)
Footnotes (5)
- [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]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.
- [F3]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.
- [F4]Restricted Stock Units represent restricted shares granted to the recipient and deferred under UIL's Deferred Compensation Plan (DCP). Payment of the restricted stock underlying the restricted stock unit is made at the time elected by the recipient pursuant to the terms and provisions of the DCP.
- [F5]Each share disposed of pursuant to the merger of UIL and AGR in exchange for 1.28059748557929000 Restricted Stock Units of AGR.