FITZGERALD KEVIN C 4
4 · PEPCO HOLDINGS INC · Filed Jan 28, 2013
Insider Transaction Report
Form 4
FITZGERALD KEVIN C
Exec.VP & General Counsel
Transactions
- Award
Common Stock
2013-01-24+11,892→ 60,740 total
Holdings
- 70(indirect: By 401-k plan)
Common Stock
Footnotes (2)
- [F1]Shares represent restricted stock units (RSUs) awarded on January 24, 2013 under the 2012 Long-Term Incentive Plan (LTIP) which may be settled solely by delivery of one share of PHI common stock per RSU (and may not be settled in cash). This award is subject to forfeiture if the employment of the executive terminates before January 24, 2016, except as otherwise provided under the terms of the LTIP and the award agreement. 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.
- [F2]Includes 60,315 RSUs (described generally in footnote (1)), including pursuant to the crediting of dividend equivalents, held by the reporting person as of the date of this report.