Home/Filings/4/0000941138-14-000190
4//SEC Filing

UNS Energy Corp 4

Accession 0000941138-14-000190

CIK 0000941138operating

Filed

Aug 18, 8:00 PM ET

Accepted

Aug 19, 3:37 PM ET

Size

14.8 KB

Accession

0000941138-14-000190

Insider Transaction Report

Form 4
Period: 2014-08-15
Dion Philip J III
Vice President
Transactions
  • Disposition to Issuer

    Common Stock

    2014-08-15$60.25/sh1,187.827$71,5670 total(indirect: By 401(k))
  • Disposition to Issuer

    Restricted Stock Units

    2014-08-152,084.9930 total
    Exercise: $0.00Common Stock (2,084.993 underlying)
  • Disposition to Issuer

    Common Stock

    2014-08-15$60.25/sh3,045$183,4610 total
  • Disposition to Issuer

    Restricted Stock Units

    2014-08-15571.2510 total
    Exercise: $0.00Common Stock (571.251 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2014-08-154,2400 total
    Exercise: $26.11Exp: 2019-02-19Common Stock (4,240 underlying)
Footnotes (6)
  • [F1]On August 15, 2014, FortisUS Inc., a Delaware corporation, acquired the issuer pursuant to that certain merger agreement between issuer, FortisUS Inc., Color Acquisition Sub Inc., an Arizona corporation and wholly owned subsidiary of FortisUS Inc., and solely for purposes of Section 5.5(c) and 8.15 of the merger agreement, Fortis Inc., a corporation incorporated under the Corporations Act of Newfoundland and Labrador, dated as of December 11, 2013 (the "Merger"). At the effective time of the Merger, each outstanding share of the issuer's common stock was converted into the right to receive $60.25 in cash. In addition, derivative securities were canceled at the effective time of the Merger in exchange for a cash payment equal to $60.25 per share, payable without interest and less any required withholding taxes.
  • [F2]Each Restricted Stock Unit represents a contingent right to receive one share of UNS Energy Corporation common stock.
  • [F3]The reported number of derivative securities disposed of includes shares acquired by reinvesting dividends in unreported transactions pursuant to the Company's dividend reinvestment program.
  • [F4]The restricted stock units were canceled at the effective time of the Merger in exchange for a cash payment equal to $60.25 per share, payable without interest and less any required withholding taxes.
  • [F5]At the effective time of the Merger, each outstanding share of the issuer's common stock was converted into the right to receive $60.25 in cash. In addition, all outstanding options were canceled at the effective time of the Merger in exchange for a cash payment equal to the per-share merger consideration (less the exercise price in the case of options), payable without interest and less any required withholding taxes.
  • [F6]The options were canceled at the effective time of the Merger in exchange for a cash payment equal to $60.25 less the option exercise price, payable without interest and less any required withholding taxes.

Issuer

UNS Energy Corp

CIK 0000941138

Entity typeoperating
IncorporatedAZ

Related Parties

1
  • filerCIK 0000941138

Filing Metadata

Form type
4
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 3:37 PM ET
Size
14.8 KB