4//SEC Filing
ROBB JAMES B 4
Accession 0001127602-10-028389
CIK 0000072741other
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 5:18 PM ET
Size
8.4 KB
Accession
0001127602-10-028389
Insider Transaction Report
Form 4
ROBB JAMES B
VP-Enterprise Plan & Dev.
Transactions
- Award
Common Shares, $5.00 par value
2010-11-16$31.20/sh+32,052$1,000,022→ 51,565 total
Holdings
- 615(indirect: By 401(k))
Common Shares, $5.00 par value
- 573
Phantom Shares
→ Common Shares, $5.00 par value (573 underlying)
Footnotes (4)
- [F1]Grant of restricted share units pursuant to the NU Incentive Plan representing an award to Mr. Robb that is scheduled to vest in full: (i) three years from the closing date under the merger agreement between Northeast Utilities and NSTAR; (ii) on involuntary termination of employment prior to such date (subject to reduction for severance payments); and (iii) upon earlier death or disability. Upon vesting, the holder of the restricted share units is entitled to receive Northeast Utilities common shares on a one-for-one basis, less applicable withholding.
- [F2]Includes restricted share units and dividend equivalents thereon.
- [F3]Shares held in trust under the Northeast Utilities Service Company 401k Plan, a qualified plan, as of November 16, 2010, according to information supplied by plan's record keeper.
- [F4]The reporting person holds phantom shares of NU Common under the Northeast Utilities Deferred Compensation Plan for Executives, a non-qualified deferred compensation plan (the DCP), made as matching contributions under the DCP. Each phantom share represents the right to receive the cash value of one share of NU Common upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents exempt from line item reporting under SEC Rule 16a-11.
Documents
Issuer
NORTHEAST UTILITIES
CIK 0000072741
Entity typeother
Related Parties
1- filerCIK 0001276812
Filing Metadata
- Form type
- 4
- Filed
- Nov 17, 7:00 PM ET
- Accepted
- Nov 18, 5:18 PM ET
- Size
- 8.4 KB