RECHTER RICHARD P 4
4 · VECTREN CORP · Filed Oct 2, 2009
Insider Transaction Report
Form 4
VECTREN CORPVVC
RECHTER RICHARD P
Director
Transactions
- Other
Phantom Stock
2009-10-01+99.075→ 29,698.297 totalExercise: $0.00→ Common Stock (99.075 underlying)
Footnotes (2)
- [F1]Phantom shares acquired through Vectren Corporation (Vectren) Non-Qualified Deferred Compensation Plan.
- [F2]Phantom stock units held under the non-qualified deferred compensation plan will effectively be exercised at the time the 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.