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Home/Filings/4/0001140361-08-006330
4//SEC Filing

DYNEGY INC. 4

Accession 0001140361-08-006330

CIK 0001379895operating
View on SEC.govCompany Profile

Filed

Mar 9, 8:00 PM ET

Accepted

Mar 10, 6:10 PM ET

Size

12.2 KB

Accession

0001140361-08-006330

Insider Transaction Report

Form 4
Period: 2008-03-06
DYNEGY INC.DYN
Blodgett J Kevin
General Counsel & Exec VP
Transactions
  • Award

    Performance Units

    2008-03-06+2,975→ 2,975 total
    → Class A Common Stock (2,975 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    2008-03-06+81,956→ 81,956 total
    Exercise: $7.48Exp: 2018-03-06→ Class A Common (81,956 underlying)
  • Award

    Class A common stock

    2008-03-06+19,887→ 51,214 total
Holdings

  • Class A Common

    (indirect: By 401(k))
    9,356
Footnotes (6)
  • [F1]The grants of the options and restricted stock were approved by a committee of the Issuer's board of directors on March 6, 2008.
  • [F2]Restricted stock grant pursuant to Rule 16b-3(d). The stock vests in full on March 6, 2011.
  • [F3]Includes 31,024 shares of Restricted Class A common stock which vest in full on April 2, 2010.
  • [F4]Rounded. Reflects shares held for the reporting person's account by the Trustee of the Dynegy Inc. 401(k) Savings Plan as of March 6, 2008.
  • [F5]Denominated in $100 units, which vest in March 2011 based on the average closing price of the Company's Class A common stock during February 2011 (or earlier in specified circumstances). Each unit will vest and be payable at variable levels based on the Company's share price performance compared to the following threshold, target and maximum share price performance goals: Threshold - $10.00 (payout - 0%); Target - $12.00 (payout - 100%); and Maximum - $14.00 (payout - 200%). For reference, these share price performance goals roughly equate to compound annual growth rates above the average February 2008 Class A common share price ($7.70) over the three-year performance period of approximately 9%, 16% and 22%, respectively. The Performance Units are payable in the form of cash or stock, at the discretion of the Company's Compensation and Human Resources Committee.
  • [F6]Option grant pursuant to Rule 16b-3(d). The option becomes exercisable in three equal annual installments beginning March 6, 2009.

Documents

1 file

Issuer

DYNEGY INC.

CIK 0001379895

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001379895

Filing Metadata

Form type
4
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 6:10 PM ET
Size
12.2 KB
View on SEC.gov