ENERGY EAST CORP 4
4 · ENERGY EAST CORP · Filed Aug 19, 2004
Insider Transaction Report
Form 4
JASINSKI KENNETH M
Executive VP & CFO
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy) / SAR
2004-07-21$24.76/sh−45,000$1,114,200→ 22,500 totalExercise: $19.10From: 2003-02-12Exp: 2013-02-12→ Common Stock (45,000 underlying) - Sale
Common Stock
2004-08-19$24.68/sh−200$4,936→ 0 total(indirect: By Self as Custodian for Son)
Holdings
- 200(indirect: By Self as Custodian for Daughter)
Common Stock
- 53,000
Common Stock
- 100,000
Employee Stock Option (right to buy) / SAR
Exercise: $26.72From: 1999-02-19Exp: 2009-02-19→ Common Stock (100,000 underlying) - 67,500
Employee Stock Option (right to buy) / SAR
Exercise: $23.89From: 2004-02-12Exp: 2014-02-12→ Common Stock (67,500 underlying)
Footnotes (5)
- [F1]Beneficial ownership expressly disclaimed.
- [F2]The Stock Appreciation Right (SAR) was issued in tandem with an Employee Stock Option (right to buy). The exercise of a SAR will result in the corresponding cancellation of the Employee Stock Option (right to buy) to the extent of the number of shares of the Company's Common Stock as to which SARs are exercised. The exercise of the Employee Stock Option (right to buy) will result in the corresponding cancellation of a SAR to the extent of the number of shares of the Company's Common Stock as to which the Employee Stock Option (right to buy) is exercised.
- [F3]The option is exercisable in three installments regarding the original number of options granted as follows: (a) in aggregate as to no more than 33 1/3% on February 19, 1999; (b) in aggregate as to no more than 66 2/3% on January 1, 2000; and (c) on January 1, 2001 as to 100% of all options which have not been previously exercised.
- [F4]The option is exercisable in three installments regarding the original number of options granted as follows: (a) in aggregate as to no more than 33 1/3% on February 12, 2003; (b) in aggregate as to no more than 66 2/3% on January 1, 2004; and (c) on January 1, 2005 as to 100% of all options which have not been previously exercised.
- [F5]The option is exercisable in three installments regarding the original number of options granted as follows: (a) in aggregate as to no more than 33 1/3% on February 12, 2004; (b) in aggregate as to no more than 66 2/3% on January 1, 2005; and (c) on January 1, 2006 as to 100% of all options which have not been previously exercised.