NORTHEAST UTILITIES 4
4 · NORTHEAST UTILITIES · Filed Nov 13, 2014
Insider Transaction Report
Form 4
McHale David R
Exec. VP and CFO
Transactions
- Gift
Common Shares, $5.00 par value
2014-11-12−3,000→ 168,029 total - Sale
Common Shares, $5.00 par value
2014-11-12$49.35/sh−17,000$838,940→ 151,029 total
Holdings
- 7,310(indirect: By Trust)
Common Shares, $5.00 par value
- 1,084
Phantom Shares
→ Common Shares, $5.00 par value (1,084 underlying)
Footnotes (4)
- [F1]Includes restricted share units and dividend equivalents thereon.
- [F2]The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.25 to $49.49, inclusive. The reporting person undertakes to provide 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 sold at each separate price within the range set forth above.
- [F3]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.
- [F4]Reporting Person's deferred compensation under the Northeast Utilities Deferred Compensation Plan for Executives, a non-qualified deferred compensation 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.