4//SEC Filing
NELSON WILLIAM C 4
Accession 0001140361-10-024067
CIK 0001143068other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 12:00 PM ET
Size
8.1 KB
Accession
0001140361-10-024067
Insider Transaction Report
Form 4
NELSON WILLIAM C
Director
Transactions
- Award
Common Stock
2010-06-01+3,223→ 18,009 total
Holdings
- 1,000
Equity Units
From: 2012-06-15Exp: 2012-06-15→ Common Stock
Footnotes (5)
- [F1]Amount includes 615 shares acquired from May 20, 2009, through June 1, 2010, through participation in the Company's Dividend Reinvestment and Direct Stock Purchase Plan.
- [F2]Each Equity Unit Consists of a purchase contract and a 5% undivided beneficial ownership interest in the issuer's 10.00% subordinated note due 2042.
- [F3]The purchase contract obligates the reporting person to purchase, and obligates the issuer to sell, on June 15, 2012, for $50 in cash, a number of newly issued shares of common stock equal to the "settlement rate." The settlement rate is calculated as follows: (a) if the applicable market value of the common stock is equal to or greater than $16.80 per share, the settlement rate will be 2.9762 shares of common stock; (b) if the applicable market value of the common stock is less than $16.80 but greater than $14.00, the settlement rate will be the number of shares of common stock equal to $50, divided by the applicable market value; and (c) if the applicable market value of the common stock is less than or equal to $14.00, the settlement rate will be 3.5714 shares of common stock.
- [F4]The applicable market value of the common stock is the average of the closing price per share of the issuer's common stock on each of the 20 consecutive trading days ending on the third trading day immediately preceding the purchase contract settlement date.
- [F5]Subject to certain conditions, the reporting person may have the right to settle the purchase contract in cash on or prior to the seventh business day immediately preceding the purchase contract settlement date.
Documents
Issuer
GREAT PLAINS ENERGY INC
CIK 0001143068
Entity typeother
Related Parties
1- filerCIK 0001181860
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 12:00 PM ET
- Size
- 8.1 KB