Home/Filings/4/0001140361-09-013662
4//SEC Filing

SOUTHERN UNION CO 4

Accession 0001140361-09-013662

CIK 0000203248operating

Filed

May 31, 8:00 PM ET

Accepted

Jun 1, 6:56 PM ET

Size

11.0 KB

Accession

0001140361-09-013662

Insider Transaction Report

Form 4
Period: 2009-05-28
Transactions
  • Award

    Common Stock

    2009-05-28+1,00052,479.1 total
  • Award

    Stock Options (right to purchase)

    2009-05-28+14,81514,815 total
    Exercise: $16.98Exp: 2019-05-28Common Stock (14,815 underlying)
Holdings
  • Common Stock

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

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

    (indirect: Directors' Deferred Compensation Plan)
    33,539.043
Footnotes (4)
  • [F1]The award of restricted shares was approved by the Board of Directors (the "Board") on May 28, 2009 ("Grant Date 2009"), upon a recommendation by the Compensation Committee and pursuant to the Southern Union Company Second Amended and Restated 2003 Stock and Incentive Plan (the "Plan"). The restrictions on the shares associated with this award expire on January 4, 2010.
  • [F2]This information concerns shares held under the Issuer's Directors? 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 on the open market at the time of such purchases. Information reported herein is based on a plan statement for the period ended December 31, 2008.
  • [F3]The Reporting Person disclaims beneficial interest in these shares except to the extent of his pecuniary interest therein.
  • [F4]Upon a recommendation by the Compensation Committee, the Company's Board approved an award of stock options pursuant to the Company's Plan. The stock options were awarded at an exercise price of $16.98 per share, which is equal to the closing price on Grant Date 2009. The options awarded will vest in full on January 4, 2010 and will remain exerciseable until the tenth anniversary of Grant Date 2009. The vesting of the options will be accelerated in the event of (i) a change of control of the Company or (ii)the death or disability of the Reporting Person.

Documents

1 file

Issuer

SOUTHERN UNION CO

CIK 0000203248

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000203248

Filing Metadata

Form type
4
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 6:56 PM ET
Size
11.0 KB