4//SEC Filing
SCHNEIDER PAULINE A 4
Accession 0001135971-13-000060
CIK 0001135971other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 6:00 PM ET
Size
6.2 KB
Accession
0001135971-13-000060
Insider Transaction Report
Form 4
SCHNEIDER PAULINE A
Director
Transactions
- Award
Common Stock
2013-05-17+2,958.58→ 15,657.417 total
Footnotes (2)
- [F1]Represents a director award of 2,958.5799 restricted stock units (RSUs) granted on May 17, 2013 under the Pepco Holdings, Inc. (PHI) 2012 Long-Term Incentive Plan, which may be settled solely by delivery of one share of PHI common stock per RSU (and may not be settled in cash). The award is to vest on the first to occur of one year after the date of grant and the next annual meeting of stockholders, subject to (i) any deferral of settlement at the election of the reporting person and (ii) potential acceleration of vesting or forfeiture of the award in accordance with the terms of the applicable director 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 the director award described in Footnote 1 above, as well as a director award of 3,504.9879 RSUs granted on May 18, 2012, under the 2012 Long-Term Incentive Plan under substantially similar terms, the settlement of which has been deferred by the reporting person until the January 31 after the year in which the reporting person ceases to be a director of PHI.
Documents
Issuer
PEPCO HOLDINGS INC
CIK 0001135971
Entity typeother
Related Parties
1- filerCIK 0001187417
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 6:00 PM ET
- Size
- 6.2 KB