5//SEC Filing
Aldrich George E 5
Accession 0001140361-10-006902
CIK 0000203248other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 5:42 PM ET
Size
21.5 KB
Accession
0001140361-10-006902
Insider Transaction Report
Form 5
Aldrich George E
V.P. - Controller & CAO
Transactions
- Disposition to Issuer
Common Stock
2009-09-03$19.20/sh−211$4,051→ 2,567 total - Purchase
Common Stock
2009-12-31+23.104→ 646.858 total(indirect: By 401(k))
Holdings
- 35,124
Stock Appreciation Rights
Exercise: $12.55Exp: 2018-12-15→ Common Stock (35,124 underlying) - 5,182
Cash Restricted Units
→ Common Stock (5,182 underlying) - 15,000
Employee Stock Option (right to purchase)
Exercise: $24.80Exp: 2015-09-02→ Common Stock (15,000 underlying) - 13,361
Stock Appreciation Rights
Exercise: $28.07Exp: 2016-12-27→ Common Stock (13,361 underlying) - 2,036
Cash Restricted Units
→ Common Stock (2,036 underlying) - 29,014
Stock Appreciation Rights
Exercise: $28.48→ Common Stock (29,014 underlying) - 5,698
Cash Restricted Units
→ Common Stock (5,698 underlying) - 18,190
Stock Appreciation Rights
Exercise: $21.64Exp: 2019-12-15→ Common Stock (18,190 underlying)
Footnotes (10)
- [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 the plan statement for the period ended December 31, 2009.
- [F10]Stock appreciation rights will be settled in shares of common stock at an exercise price of $21.64 per share, which was equal to the closing price on Grant Date 2009. The award will vest in equal annual installments on the first, second and third anniversaries of Grant Date 2009.
- [F2]The Reporting Person covered the cost of the associated taxes with the shares disbursed. The Plan Administrator failed to timely report this transaction to the Issuer.
- [F3]These options are fully vested and exerciseable.
- [F4]The stock appreciation rights are fully vested and exerciseable.
- [F5]6,108 cash restricted units were awarded to the Reporting Person on December 17, 2007 (the "Grant Date 2007"). The cash restricted units 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 the award will expire in equal annual installments on the first, second and third anniversaries of the Grant Date 2007. To date restrictions have expired on 4,072 of the cash restricted units.
- [F6]Stock appreciation rights will be settled in shares of common stock at an exercise price of $28.48 per share, which was equal to the closing price on Grant Date 2007. The award will vest in equal annual installments on the first, second and third anniversaries of Grant Date 2007. To date 19,342 stock appreciation rights have vested.
- [F7]8,546 cash restricted units were awarded to the Reporting Person on December 15, 2008 (the "Grant Date 2008"). The cash restricted units 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 the award will expire in equal annual installments on the first, second and third anniversaries of the Grant Date 2008. To date restrictions on 2,848 cash restricted units have expired.
- [F8]Stock appreciation rights will be settled in shares of common stock at an exercise price of $12.55 per share, which was equal to the closing price on Grant Date 2008. The award will vest in equal annual installments on the first, second and third anniversaries of Grant Date 2008. As such 11,708 stock appreciation rights are currently vested and exerciseable.
- [F9]5,182 cash restricted units were awarded to the Reporting Person on December 15, 2009 (the "Grant Date 2009"). The cash restricted units 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 the award will expire in equal annual installments on the first, second and third anniversaries of the Grant Date 2009.
Documents
Issuer
SOUTHERN UNION CO
CIK 0000203248
Entity typeother
Related Parties
1- filerCIK 0001338069
Filing Metadata
- Form type
- 5
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 5:42 PM ET
- Size
- 21.5 KB