SOUTHERN UNION CO·4

Nov 13, 3:19 PM ET

SOUTHERN UNION CO 4

4 · SOUTHERN UNION CO · Filed Nov 13, 2006

Insider Transaction Report

Form 4
Period: 2006-11-08
Transactions
  • Award

    Restricted Common Stock

    2006-11-08$27.57/sh+5,000$137,82541,479.1 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    1,216.95
  • Common Stock

    (indirect: By Foundation)
    68,937.75
  • Common Stock

    (indirect: Director's Deferred Compensation Plan)
    22,491.179
Footnotes (4)
  • [F1]The grant of shares was adopted by the Compensation Committee of the Board of Directors on May 1, 2006, to be effective on the later of the approval of certain amendments to the Southern Union Company Second Amended and Restated 2003 Stock and Incentive Plan by the Massachusetts Department of Telecommunications and Energy (MDTE) and the filing of a Form S-8 with the Securities and Exchange Commission (SEC). MDTE approval was received on October 13, 2006 and the Form S-8 was filed with the SEC on November 8, 2006. As such, this grant of shares became effective on November 8. The restrictions on the shares associated with this grant expire on January 2, 2007.
  • [F2]This amount includes 4,200 restricted shares which vested on January 2, 2006.
  • [F3]This information concerns shares held under the Issuer's Director's Deferred Compensation Plan. This report reflects shares purchased for the plan by the plan trustee, at such prices as were available in the open market at the time of such purchases. Information reported herein is based on a plan statement for the period ended December 31, 2005.
  • [F4]The Reporting Person disclaims beneficial interest in these shares except to the extent of his pecuniary interest therein.

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4