FRENI CHARLES A 4
4 · CH ENERGY GROUP INC · Filed May 22, 2009
Insider Transaction Report
Form 4
FRENI CHARLES A
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2009-05-20−3→ 664 total - Award
Phantom Stock
2009-05-20+679→ 2,325 total→ Common Stock (679 underlying)
Footnotes (2)
- [F1]The reported phantom stock units constitute performance shares deferred by the reporting person that are being credited to the reporting person's account on a one-for-one basis with shares of CH Energy Group, Inc. common stock.
- [F2]As provided in the Company's Directors and Executives Deferred Compensation Plan, the phantom stock will be settled in cash on a date following the termination of service of the reporting person or a date fixed at the election of the reporting person. The reporting person also may transfer some or all of the phantom stock into an alternative investment account at any time.