4//SEC Filing
Bohls John M 4
Accession 0001127602-13-000320
CIK 0001096385other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 8:46 PM ET
Size
15.6 KB
Accession
0001127602-13-000320
Insider Transaction Report
Form 4
VECTREN CORPVVC
Bohls John M
President, Vectren Enterprises
Transactions
- Exercise/Conversion
Phantom Stock
2012-12-31−3,839.311→ 0 totalExercise: $0.00→ Common Stock (3,839.311 underlying) - Exercise/Conversion
Common Stock
2012-12-31+4,372.311→ 17,116.311 total - Exercise/Conversion
Phantom Stock
2012-12-31−533→ 0 totalExercise: $0.00→ Common Stock (533 underlying) - Award
Phantom Stock
2013-01-01+12,000→ 12,000 totalExercise: $0.00→ Common Stock (12,000 underlying) - Disposition to Issuer
Common Stock
2012-12-31$29.40/sh−4,372.311$128,546→ 12,744 total
Holdings
- 253.072(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]The stock unit awards vesting in 2012 were settled for cash. Each stock unit award was the economic equivalent of one share of Vectren Corporation common stock.
- [F2]The stock unit awards were acquired pursuant to the Vectren Corporation At Risk Compensation Plan (Plan) and are subject to forfeiture as provided by the Plan and the Plan Agreement. The lifting of restrictions and the application of the forfeiture provisions were dependent upon contingent service by the executive. Restrictions applicable to the award will be lifted 1/3rd as of December 31, 2010, 1/3rd as of December 31, 2011 and 1/3rd as of December 31, 2012. The Vectren Corporation Board of Directors Compensation and Benefits Committee approved the acquisition in accordance with Rule 16b-3(d).
- [F3]The stock unit awards were acquired pursuant to the Vectren Corporation At Risk Compensation Plan (Plan) and are subject to forfeiture as provided by the Plan and the Plan agreement. The lifting of restrictions and the application of the forfeiture provisions were dependent upon performance during a measuring period from January 1, 2009 through December 31, 2011 and, subject to certain enumerated circumstances, continued employment until December 31, 2012. Upon lifting of restrictions, the 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, provide grantee is in compliance with share ownership guidelines established by the board of directors (Board). If grantee is not in compliance with share ownership guidelines, the value of each stock unit award shall be paid in unrestricted Vectren Corporation common stock. Dividends paid during the restriction period shall accrue as additional stock unit awards and are subject to forfeiture. The Board Compensation and Benefits committee approved the acquisition in accordance with Rule 16b-3(d).
- [F4]The stock unit awards were acquired pursuant to the Vectren Corporation At Risk Compensation Plan (Plan) and are subject to forfeiture as provided by the Plan and the Plan agreement. The lifting of restrictions and the application of the forfeiture provisions were dependent upon performance during a measuring period from January 1, 2013 through December 31, 2015 and, subject to certain enumerated circumstances, continued employment until December 31, 2016. Upon lifting of restrictions, the 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, provide grantee is in compliance with share ownership guidelines established by the board of directors (Board). If grantee is not in compliance with share ownership guidelines, the value of each stock unit award shall be paid in unrestricted Vectren Corporation common stock. Dividends paid during the restriction period shall accrue as additional stock unit awards and are subject to forfeiture. The Board Compensation and Benefits committee approved the acquisition in accordance with Rule 16b-3(d).
Documents
Issuer
VECTREN CORP
CIK 0001096385
Entity typeother
Related Parties
1- filerCIK 0001492481
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 8:46 PM ET
- Size
- 15.6 KB