4//SEC Filing
SHIVERY CHARLES W 4
Accession 0001127602-13-003927
CIK 0000072741other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 4:38 PM ET
Size
13.6 KB
Accession
0001127602-13-003927
Insider Transaction Report
Form 4
SHIVERY CHARLES W
Chair. of the Bd, Pres. & CEOOther
Transactions
- Exercise of In-Money
Common Shares, $5.00 par value
2013-02-01+55→ 635,544 total - Exercise of In-Money
Phantom Shares
2013-02-01−55→ 0 total→ Common Shares, $5.00 par value (55 underlying) - Award
Phantom Shares
2013-01-31$36.47/sh+55$2,006→ 55 total→ Common Shares, $5.00 par value (55 underlying) - Disposition to Issuer
Common Shares, $5.00 par value
2013-02-01$41.18/sh−55$2,265→ 635,489 total
Holdings
- 2,381(indirect: By Trust)
Common Shares, $5.00 par value
Footnotes (6)
- [F1]Matching contributions on Reporting Person's 2012 deferred compensation contributions under the Northeast Utilities Deferred Compensation Plan for Executives, a non-qualified deferred compensation plan (the "Plan"), that are nominally invested as common shares. Each phantom share represents the right to receive cash value of one Northeast Utilities common share 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.
- [F2]Includes restricted share units and dividend equivalents thereon. The Reporting Person holds 1,500 of these shares jointly with his spouse.
- [F3]Distribution from the Plan in respect of matching contributions on Reporting Person's 2012 deferred compensaton, on February 1, 2013. Previously, on October 11, 2012, in connection with his retirement from employee service with Northeast Utilities, the Reporting Person became entitled to a distribution of his entire account in the Plan.
- [F4]Shares held in trust under the Northeast Utilities Service Company 401k Plan, a qualified plan, according to information supplied by the plan's record keeper.
- [F5]Reporting Person's deferred compensation under the Plan, that is nominally invested as common shares. Each phantom share represents the right to receive the cash value of one NU common share 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.
- [F6]The price in Column 8 is a weighted average price. These matching shares were determined at prices per share ranging from $35.92 to $36.89, inclusive. The Reporting Person undertakes to provide to Northeast Utilities, any security holder of Northeast Utilities, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares determined at each price within the range.
Documents
Issuer
NORTHEAST UTILITIES
CIK 0000072741
Entity typeother
Related Parties
1- filerCIK 0001054818
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 4:38 PM ET
- Size
- 13.6 KB