Aldrich George E 4

Accession 0001140361-10-049623

CIK 0000203248other

View on SEC.gov Company Profile

Filed

Dec 13, 7:00 PM ET

Accepted

Dec 14, 7:34 PM ET

Size

23.3 KB

Accession

0001140361-10-049623

Insider Transaction Report

Form 4

Period: 2010-12-13

SOUTHERN UNION COSUG

Aldrich George E

V.P. - Controller & CAO

Transactions

Award
Cash Restricted Units
2010-12-13+4,236→ 4,236 total
→ Common Stock (4,236 underlying)
Award
Stock Appreciation Rights
2010-12-13+14,074→ 14,074 total
Exercise: $24.80Exp: 2020-12-13→ Common Stock (14,074 underlying)

Holdings

Stock Appreciation Rights
Exercise: $12.55Exp: 2018-12-15→ Common Stock (35,124 underlying)
35,124
Stock Appreciation Rights
Exercise: $21.64Exp: 2019-12-15→ Common Stock (18,190 underlying)
18,190
Common Stock
2,567
Employee Stock Option (right to purchase)
Exercise: $24.80Exp: 2015-09-02→ Common Stock (15,000 underlying)
15,000
Cash Restricted Units
→ Common Stock (2,036 underlying)
2,036
Common Stock
(indirect: By 401(k))
646.858
Stock Appreciation Rights
Exercise: $28.07Exp: 2016-12-28→ Common Stock (13,361 underlying)
13,361
Stock Appreciation Rights
Exercise: $28.48Exp: 2017-12-17→ Common Stock (29,014 underlying)
29,014
Cash Restricted Units
→ Common Stock (5,698 underlying)
5,698
Cash Restricted Units
→ Common Stock (5,182 underlying)
5,182

Footnotes (10)

[F1]This information concerns shares held under the Issuer's 401(k) Plan. Reported are shares purchased for the plan by the plan trustee, at the trustee's sole discretion 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 $24.80 per share, which was equal to the closing price on Grant Date 2010. The award vests in equal installments on the first, second and third anniversaries of Grant Date 2010.
[F2]These options are fully vested and exercisable.
[F3]6,108 cash restricted units were awarded to the Reporting Person on December 17, 2007 ("Grant Date 2007"). The cash restricted units permit the Reporting Person 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 installments on the first, second and third anniversaries of Grant Date 2007. To date, restrictions on 4,072 cash restricted units have expired. The restrictions on the remaining 2,036 cash restricted units will expire on December 17, 2010.
[F4]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 installments on the first, second and third anniversaries of Grant Date 2007. To date, 19,342 stock appreciation rights are currently vested and exercisable. The remaining 9,672 stock appreciation rights will vest on December 17, 2010.
[F5]8,546 cash restricted units were awarded to the Reporting Person on December 15, 2008 ("Grant Date 2008"). The cash restricted units permit the Reporting Person 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 each award expire in equal installments on the first, second and third anniversaries of Grant Date 2008. To date, restrictions on 2,848 cash restricted units have expired. Restrictions on an additional 2,849 cash restricted units will expire on December 15, 2010.
[F6]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 vests in equal installments on the first, second and third anniversaries of Grant Date 2008. To date 11,708 stock appreciation right are currently vested and exercisable. An additional 11,708 stock appreciation rights will vest on December 15, 2010.
[F7]5,182 cash restricted units were awarded to the Reporting Person on December 15, 2009 ("Grant Date 2009"). The cash restricted units permit the Reporting Person 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 each award expire in equal installments on the first, second and third anniversaries of Grant Date 2009. Restrictions on 1,727 cash restriced units will expire on December 15, 2010.
[F8]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 vests in equal installments on the first, second and third anniversaries of Grant Date 2009.
[F9]4,236 cash restricted units were awarded to the Reporting Person on December 13, 2010 ("Grant Date 2010"). The cash restricted units permit the Reporting Person 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 each award expire in equal installments on the first, second and third anniversaries of Grant Date 2010.

Documents

1 file

4
doc1.xmlPrimary
FORM 4

Issuer

SOUTHERN UNION CO

CIK 0000203248

→

Entity typeother

Related Parties

filerCIK 0001338069

Filing Metadata

Form type: 4
Filed: Dec 13, 7:00 PM ET
Accepted: Dec 14, 7:34 PM ET
Size: 23.3 KB

View on SEC.gov