4//SEC Filing
UNS Energy Corp 4
Accession 0000941138-14-000193
CIK 0000941138operating
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 3:42 PM ET
Size
19.0 KB
Accession
0000941138-14-000193
Insider Transaction Report
Form 4
Hutchens David G
Vice President
Transactions
- Disposition to Issuer
Restricted Stock Units
2014-08-15−2,974.182→ 0 totalExercise: $0.00→ Common Stock (2,974.182 underlying) - Disposition to Issuer
Common Stock
2014-08-15$60.25/sh−8,475.042$510,621→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Employee Stock Option (right to buy)
2014-08-15−10,550→ 0 totalExercise: $37.88Exp: 2017-03-20→ Common Stock (10,550 underlying) - Disposition to Issuer
Common Stock
2014-08-15$60.25/sh−5,529$333,122→ 0 total - Disposition to Issuer
Restricted Stock Units
2014-08-15−3,533.292→ 0 totalExercise: $0.00→ Common Stock (3,533.292 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2014-08-15−8,590→ 0 totalExercise: $26.11Exp: 2019-02-19→ Common Stock (8,590 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2014-08-15−8,190→ 0 totalExercise: $26.18Exp: 2018-02-27→ Common Stock (8,190 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.
Documents
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, 3:42 PM ET
- Size
- 19.0 KB