4//SEC Filing
DAVIS R RUSSELL 4
Accession 0001140361-09-002515
CIK 0001089819other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 12:39 PM ET
Size
8.0 KB
Accession
0001140361-09-002515
Insider Transaction Report
Form 4
CLECO CORPCNL
DAVIS R RUSSELL
VP & Chief Accounting Officer
Transactions
- Award
Common Stock, $1 par
2009-01-30+2,699→ 32,988.715 total - Award
Common Stock, $1 par
2009-01-30+1,512→ 30,289.715 total
Footnotes (3)
- [F1]Shares acquired under the Company's 2000 Long-Term Incentive Compensation Plan as the result of the Company's above-target performance during the three-year period ending December 31, 2008.
- [F2]Total includes 121.6844 shares acquired through contributions and/or reinvestment of dividends under the Company's 401(k) plan during 2008.
- [F3]Performance shares granted under the Company?s 2000 Long-Term Incentive Compensation Plan. Shares are subject to forfeiture, in whole or in part, based on the Company?s performance during a three-year period beginning January 1, 2009 and ending December 31, 2011. For the 2009 ? 2011 performance cycle, the Compensation Committee has established total shareholder return (defined as the Company?s common stock price appreciation plus dividends paid during the performance cycle) compared to companies in the S&P Small and MidCap Electric Utilities (GICS and NAICS) group as the performance goal. Dividends will be accrued quarterly during the performance cycle, are subject to forfeiture in whole or in part, and will be paid only after the final determination of performance and in proportion to the target shares.
Documents
Issuer
CLECO CORP
CIK 0001089819
Entity typeother
Related Parties
1- filerCIK 0001186066
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 12:39 PM ET
- Size
- 8.0 KB