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4//SEC Filing

WESTBROOK W L 4

Accession 0001140361-09-012725

CIK 0001089819other

Filed

May 17, 8:00 PM ET

Accepted

May 18, 5:01 PM ET

Size

7.8 KB

Accession

0001140361-09-012725

Insider Transaction Report

Form 4
Period: 2009-05-15
Transactions
  • Award

    Phantom Stock

    2009-05-15$20.78/sh+340$7,06531,569 total
    Common Stock, $1.00 par (340 underlying)
Holdings
  • Common Stock, $1.00 par

    3,621.165
Footnotes (3)
  • [F1]Includes 39.190 shares acquired through the Cleco Corporation Dividend Reinvestment Plan on 05/15/2009.
  • [F2]The shares of phantom stock relate to dividend reinvestment on shares of phantom stock pursuant to the terms and provisions of the Cleco Corporation Deferred Compensation Plan (the "Plan"). The reporting person has elected to defer receipt of these shares under the Plan. Each share of phantom stock is the economic equivalent of one share of Cleco Corporation common stock. Shares of phantom stock may be transferred by the reporting person into an alternative investment account in the Plan at any time pursuant to the terms and provisions of the Plan.
  • [F3]Includes 3,237 shares of phantom stock (not subject to restrictions) related to dividend reinvestment on shares of phantom stock pursuant to the terms and provisions of the Plan. Includes (a) 1,200 shares of phantom stock subject to restrictions that lapse on July 23, 2010; (b) 2,339 shares of phantom stock subject to restrictions that lapse on January 28, 2011; (c) 2,228 shares of phantom stock subject to restrictions that lapse on January 27, 2012; (d) 1,846 shares of phantom stock subject to restrictions that lapse on January 26, 2013; (e) 2,140 shares of phantom stock subject to restrictions that lapse on January 25, 2014; and (f) 2,544 shares of phantom stock subject to restrictions that lapse on January 30, 2015.

Documents

1 file

Issuer

CLECO CORP

CIK 0001089819

Entity typeother

Related Parties

1
  • filerCIK 0001256431

Filing Metadata

Form type
4
Filed
May 17, 8:00 PM ET
Accepted
May 18, 5:01 PM ET
Size
7.8 KB