BUTLER GREGORY B 4
4 · EVERSOURCE ENERGY · Filed Feb 2, 2024
Insider Transaction Report
Form 4
BUTLER GREGORY B
Executive VP & General Counsel
Transactions
- Award
Common Shares, $5.00 par value
2024-01-31+7,896→ 71,626 total - Award
Common Shares, $5.00 par value
2024-01-31+6,092→ 77,719 total
Holdings
- 272
Phantom Shares
→ Common Shares, $5.00 par value (272 underlying) - 7,472(indirect: By Trust)
Common Shares, $5.00 par value
Footnotes (5)
- [F1]Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
- [F2]Performance shares and dividend equivalent shares for the 2021-2023 Long-Term Incentive Program as determined on January 31, 2024.
- [F3]Includes restricted share units and dividend equivalents thereon.
- [F4]Grant of restricted share units (RSUs) which vest in three equal installments on February 15, 2025, 2026 and 2027. Restricted share units are distributable in Eversource Energy 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.
- [F5]Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified plan, that is nominally invested as common shares. Each phantom share represents the right to receive one common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents and are exempt from the line item reporting under SEC rule 16a-11. Shares of phantom stock may be transferred by the reporting person into an alternative investment at any time.