4//SEC Filing
McCarter Thomas N III 4
Accession 0001140361-10-019512
CIK 0000203248other
Filed
May 5, 8:00 PM ET
Accepted
May 6, 8:18 PM ET
Size
9.4 KB
Accession
0001140361-10-019512
Insider Transaction Report
Form 4
McCarter Thomas N III
Director
Transactions
- Award
Common Stock
2010-05-04+1,000→ 24,000 total - Award
Stock Options (right to purchase)
2010-05-04+10,940→ 10,940 totalExercise: $25.60Exp: 2020-05-04→ Common Stock (10,940 underlying)
Holdings
- 14,815
Stock Options (right to purchase)
Exercise: $16.98Exp: 2019-05-28→ Common Stock (14,815 underlying)
Footnotes (3)
- [F1]The award of restricted shares was approved by the Compensation Committee of the Board of Directors (the "Compensation Committee") on May 4, 2010 ("Grant Date 2010") pursuant to the Southern Union Company Third Amended and Restated 2003 Stock and Incentive Plan(the "Plan"). The restrictions on the shares associated with this award expire on January 3, 2011. The expiration of the restrictions would be accelerated in the event of (i) a change of control of the Company or (ii) the death or disability of the Reporting person.
- [F2]On May 4, 2010, the Compensation Committee approved an award of stock options pursuant to the Company's Plan. The stock options were awarded at an exercise price of $25.60 per share, which is equal to the closing price on Grant Date 2010. The options awarded will vest in full on January 3, 2011 and will remain exerciseable until the tenth anniversary of Grant Date 2010. The vesting of the options would be accelerated in the event of (i) a change of control of the Company or (ii)the death or disability of the Reporting Person.
- [F3]The options are fully vested and exerciseable.
Documents
Issuer
SOUTHERN UNION CO
CIK 0000203248
Entity typeother
Related Parties
1- filerCIK 0001315247
Filing Metadata
- Form type
- 4
- Filed
- May 5, 8:00 PM ET
- Accepted
- May 6, 8:18 PM ET
- Size
- 9.4 KB