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4//SEC Filing

SOUTHERN UNION CO 4

Accession 0001140361-07-000338

CIK 0000203248operating

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 8:14 PM ET

Size

14.9 KB

Accession

0001140361-07-000338

Insider Transaction Report

Form 4
Period: 2006-12-28
MORGAN DENNIS K
EVP Regulatory & Litigation
Transactions
  • Award

    Cash Restricted Units

    2006-12-28+1,8711,871 total
    Common Stock (1,871 underlying)
  • Award

    Stock Appreciation Rights

    2006-12-28+5,9385,938 total
    Exercise: $28.07Exp: 2016-12-27Common Stock (5,938 underlying)
Holdings
  • Common Stock

    208.15
  • Employee Stock Option (right to purchase)

    Exercise: $16.83Exp: 2014-02-06Common Stock (17,640 underlying)
    17,640
  • Employee Stock Option (right to purchase)

    Exercise: $14.65From: 2006-07-01Exp: 2011-06-05Common Stock (10,212 underlying)
    10,212
  • Common Stock

    (indirect: Supplemental Deferred Compensation Plan)
    37,140.146
  • Common Stock

    (indirect: By 401(k))
    18,076.677
Footnotes (5)
  • [F1]This information concerns shares held under the Issuer's 401(k) Plan. This report reflects shares purchased for the plan by the plan trustee, at the sole discretion of the 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.
  • [F2]This information concerns shares held under the Issuer's Supplemental Deferred Compensation Plan. This report reflects shares purchased for the plan by the plan trustee, at the sole discretion of the 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.
  • [F3]The cash restricted units awarded on December 28, 2006 (the "Grant Date") permit the recipient to receive, on predetermined dates upon expiration of applicable restrictions, cash in an amount equal to a specified number of shares of the Company?s common stock valued at the closing price of the Company?s common stock on such dates. Restrictions on each award will expire in equal annual installments on the first, second and third anniversaries of the Grant Date.
  • [F4]Stock appreciation rights will be settled in shares of common stock at an exercise price of $28.07 per share, which was equal to the closing price on the Grant Date. The award will vest in equal annual installments on the first, second and third anniversaries of the Grant Date.
  • [F5]Of these options, 4,410 became exercisable on March 1, 2006. The remaining options become exercisable in increments of 4,410 annually on March 1.

Documents

1 file

Issuer

SOUTHERN UNION CO

CIK 0000203248

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000203248

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:14 PM ET
Size
14.9 KB