4//SEC Filing
FITZGERALD KEVIN C 4
Accession 0001135971-12-000130
CIK 0001135971other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 8:47 AM ET
Size
7.9 KB
Accession
0001135971-12-000130
Insider Transaction Report
Form 4
FITZGERALD KEVIN C
Exec.VP & General Counsel
Transactions
- Award
Common Stock
2012-09-17+39,494→ 39,919 total - Award
Common Stock
2012-09-17+8,806→ 48,725 total
Footnotes (2)
- [F1]Shares represent restricted stock units (RSUs) awarded on September 17, 2012 under the Long-Term Incentive Plan (LTIP) which are subject to forfeiture if the executive's employment terminates before 09/17/2015, except as otherwise provided under the terms of the LTIP. The award vests at a rate of 4/15 of the initial award on each of the first and second anniversaries of the Grant Date and the balance vests on the third anniversary of the Grant Date. Each RSU not forfeited will be settled by the delivery of one share of PHI common stock. When a dividend is paid on the PHI common stock, the RSU balance will be credited with additional RSUs equal to the per share amount of the dividend multiplied by the vested number of RSUs divided by the market price of the common stock on the trading day immediately prior to the dividend payment date. Dividend credits will vest only to the extent the related RSUs vest.
- [F2]Shares represent restricted stock units (RSUs) awarded on September 17, 2012 under the Long-Term Incentive Plan (LTIP) which are subject to forfeiture if the executive's employment terminates before 01/26/2015, except as otherwise provided under the terms of the LTIP. Each RSU not forfeited will be settled by the delivery of one share of PHI common stock. When a dividend is paid on the PHI common stock, the RSU balance will be credited with additional RSUs equal to the per share amount of the dividend multiplied by the number of RSUs divided by the market price of the common stock on the trading day immediately prior to the dividend payment date. Dividend credits will vest only to the extent the related RSUs vest.
Documents
Issuer
PEPCO HOLDINGS INC
CIK 0001135971
Entity typeother
Related Parties
1- filerCIK 0001557882
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 8:47 AM ET
- Size
- 7.9 KB