Aldrich George E 5
5 · SOUTHERN UNION CO · Filed Feb 14, 2011
Insider Transaction Report
Form 5
Aldrich George E
V.P. - Controller & CAO
Transactions
- Purchase
Common Stock
2010-12-31+16.303→ 663.161 total(indirect: By 401(k))
Holdings
- 2,567
Common Stock
- 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) - 29,014
Stock Appreciation Rights
Exercise: $28.48→ Common Stock (29,014 underlying) - 2,849
Cash Restricted Units
→ Common Stock (2,849 underlying) - 35,124
Stock Appreciation Rights
Exercise: $12.55Exp: 2018-12-15→ Common Stock (35,124 underlying) - 3,455
Cash Restricted Units
→ Common Stock (3,455 underlying) - 18,190
Stock Appreciation Rights
Exercise: $21.64Exp: 2019-12-15→ Common Stock (18,190 underlying) - 4,236
Cash Restricted Units
→ Common Stock (4,236 underlying) - 14,074
Stock Appreciation Rights
Exercise: $24.80Exp: 2020-12-13→ Common Stock (14,074 underlying)
Footnotes (9)
- [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, 2010.
- [F2]These options are fully vested and exerciseable.
- [F3]The stock appreciation rights are fully vested and exerciseable.
- [F4]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 5,697 cash restricted units have expired.
- [F5]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. To date, 23,416 stock appreciation rights are currently vested and exerciseable.
- [F6]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. To date, restrictions on 1,727 cash restricted units have expired.
- [F7]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. To date, 6,063 stock appreciation rights are currently vested and exerciseable.
- [F8]4,236 cash restricted units were awarded to the Reporting Person on December 13, 2010 (the "Grant Date 2010"). 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 2010.
- [F9]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 will vest in equal annual installments on the first, second and third anniversaries of Grant Date 2010.