PUGET ENERGY INC /WA 4
4 · PUGET ENERGY INC /WA · Filed Feb 14, 2005
Insider Transaction Report
Form 4
MARKELL ERIC M
EVP and CFO
Transactions
- Exercise/Conversion
LTIP
2005-02-10$24.12/sh−3,622$87,363→ 0 totalExercise: $0.00From: 2004-12-31Exp: 2004-12-31→ Common (3,622 underlying) - Award
LTIP
2005-02-10$24.12/sh+13,799$332,832→ 13,799 totalExercise: $0.00From: 2007-12-31Exp: 2007-12-31→ Common (13,799 underlying) - Exercise/Conversion
PSE Deferred Compensation Plan
2005-02-10$24.12/sh+1,087$26,218→ 5,205 totalExercise: $0.00→ Common (1,087 underlying)
Holdings
- 15,336
LTIP
Exercise: $0.00From: 2006-12-31Exp: 2006-12-31→ Common (15,336 underlying) - 6,601
LTIP
Exercise: $0.00From: 2005-12-31Exp: 2005-12-31→ Common (6,601 underlying) - 14,694
LTIP - 3 year cycle
Exercise: $0.00From: 2006-12-31Exp: 2006-12-31→ Common (14,694 underlying) - 66
Common
- 6,000(indirect: By Brokerage Account)
Common
Footnotes (6)
- [F1]LTIP share grants under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees. LTIP Shares are paid in Puget Energy stock when vested in an amount ranging from zero to 175% of LTIP Share Grants.
- [F2]LTIP share grants under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees. LTIP Shares are paid in stock (or up to 50% in cash) when vested in an amount ranging from zero to 155.5% of LTIP Share Grants.
- [F3]The reporting person elected to defer receipt of 1,087 shares of common stock issuable upon exercise of his LTIP, resulting in the accrual to his account of 1,087 shares of phantom stock.
- [F4]One common share will be received for each stock unit.
- [F5]Phantom share units deferred in the Puget Sound Energy Deferred Compensation Plan.
- [F6]LTIP share grants under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees. LTIP Shares are paid in stock when vested in an amount ranging from zero to 192.5% of LTIP Share Grants.