PUGET ENERGY INC /WA 4
4 · PUGET ENERGY INC /WA · Filed Mar 23, 2007
Insider Transaction Report
Form 4
MARKELL ERIC M
EVP and CFO
Transactions
- Award
PSE Deferred Compensation Plan
[F1][F2]2007-03-22$25.37/sh+3$76→ 1,191 total→ Common (3 underlying)
Holdings
- 13,468
Common
- 10,407(indirect: By Brokerage Account)
Common
- 13,799
LTIP
[F3]Exercise: $0.00From: 2007-12-31Exp: 2007-12-31→ Common (13,799 underlying) - 7,172
LTIP
[F4]Exercise: $0.00From: 2008-12-31Exp: 2008-12-31→ Common (7,172 underlying) - 6,223
LTIP
[F4]Exercise: $0.00From: 2009-12-31Exp: 2009-12-31→ Common (6,223 underlying)
Footnotes (4)
- [F1]One common share will be received for each stock unit.
- [F2]Phantom share units deferred in the Puget Sound Energy Deferred Compensation Plan.
- [F3]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.
- [F4]Performance shares grants under the Puget Energy Long Term Incentive Plan (LTIP) for Officers and Key Employees. LTIP performance shares are paid in stock (or cash) when vested from zero to 175% of LTIP performance shares granted.
Signature
/s/ Markell, Eric M.|2007-03-23