NORTHEAST UTILITIES 4
4 · NORTHEAST UTILITIES · Filed Feb 5, 2015
Insider Transaction Report
Form 4
McHale David R
Exec. VP and CFO
Transactions
- Award
Common Shares, $5.00 par value
2015-02-03+9,800→ 161,593 total
Holdings
- 1,092
Phantom Shares
→ Common Shares, $5.00 par value (1,092 underlying) - 7,377(indirect: By Trust)
Common Shares, $5.00 par value
Footnotes (4)
- [F1]Grant of restricted share units (RSUs) which vests in three equal portions on February 3, 2016, 2017, and 2018. Restricted share units are distributable in Northeast Utilities common shares on a one-for-one basis. RSU holders are entitled to receive dividend equivalents, exempt from line item reporting under SEC Rule 16a-11, to the same extent dividends are paid on common shares.
- [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, 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.