4//SEC Filing
DAVIS R RUSSELL 4
Accession 0001140361-11-004902
CIK 0001089819other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 12:14 PM ET
Size
7.8 KB
Accession
0001140361-11-004902
Insider Transaction Report
Form 4
CLECO CORPCNL
DAVIS R RUSSELL
VP & Chief Accounting Officer
Transactions
- Award
Common Stock, $1 par
2011-01-28+1,530→ 44,084.947 total - Award
Common Stock, $1 par
2011-01-28+4,099→ 48,183.947 total
Footnotes (4)
- [F1]Shares acquired under the Company's 2000 Long-Term Incentive Compensation Plan as the result of the Company's above-target performance during the three-year period ending December 31, 2010.
- [F2]No value was exchanged for these shares.
- [F3]Total includes 123.3582 shares acquired through contributions and/or reinvestment of dividends under the Company's 401(k) plan during 2010.
- [F4]Performance shares granted under the Company's 2010 Long-Term Incentive Compensation Plan. Shares are subject to forfeiture, in whole or in part, based on the Company's performance during a three-year period beginning January 1, 2011 and ending December 31, 2013. For the 2011 - 2013 performance cycle, the Compensation Committee has established total shareholder return (defined as the Company's common stock price appreciation plus dividends paid during the performance cycle) compared to companies in a peer group also selected by the Committee as the performance goal. Dividends will be accrued quarterly during the performance cycle, are subject to forfeiture in whole or in part, and will be paid only after the final determination of performance and in proportion to the target shares.
Documents
Issuer
CLECO CORP
CIK 0001089819
Entity typeother
Related Parties
1- filerCIK 0001186066
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 12:14 PM ET
- Size
- 7.8 KB