4//SEC Filing
DUNN JOHN M 4
Accession 0001127602-09-011644
CIK 0001096385other
Filed
May 14, 8:00 PM ET
Accepted
May 15, 2:28 PM ET
Size
12.1 KB
Accession
0001127602-09-011644
Insider Transaction Report
Form 4
VECTREN CORPVVC
DUNN JOHN M
Director
Transactions
- Other
Common Stock
2009-05-13−1,461→ 4,432.237 total - Other
Phantom Stock
2009-05-13+1,461→ 27,984.697 totalExercise: $0.00→ Common Stock (1,461 underlying) - Award
Phantom Stock
2009-05-13+1,811→ 1,811 totalExercise: $0.00→ Common Stock (1,811 underlying)
Holdings
- 240(indirect: By Children)
Common Stock
- 120(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]The reporting person elected to defer the value of restricted stock vesting in 2009 resulting in a disposition of 1,461 shares of restricted stock vesting in 2009 previously reported as beneficially owned by the reporting person.
- [F2]Exempt acquisition of phantom shares acquired through Vectren Corporation ("Vectren") Non-Qualified Deferred Compensation Plan ("Plan"). These transactions are exempt under Rule 16b-3.
- [F3]Phantom stock units held under the non-qualified deferred compensation plan will effectively be exercised at the time amounts represented by those units are paid out under the Plan. Generally, unless provided otherwise by the participant, the payout begins with the end of the board member's service as a member of the board. Pursuant to the non-qualified deferred compensation plan, payouts can occur for up to 15 years. Amounts held in the phantom stock accounts would be amortized over that period unless directed otherwise by the participant.
- [F4]The stock unit award was granted pursuant to the Vectren Corporation At-Risk Compensation Plan ("Plan") and is subject to all of the terms, provisions and conditions of the Plan. The lifting of restrictions and forfeitability provisions are dependent upon continued service by the board member until the earlier of the 2010 Annual Meeting or May 1, 2010. Upon lifting of restrictions, Grantee shall be paid for each Stock Unit Award in cash, the Fair Market Value of one share of common stock on the date restrictions lapse, provided Grantee is in compliance with share ownership guidelines established by the board of directors. If Grantee is not in compliance with share ownership guidelines, the value of each Stock Unit Award shall be paid in unrestricted Vectren common stock. The board of directors approved the acquisition in accordance with Rule 16b-3.
Documents
Issuer
VECTREN CORP
CIK 0001096385
Entity typeother
Related Parties
1- filerCIK 0001180878
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 2:28 PM ET
- Size
- 12.1 KB