5//SEC Filing
LINDEMANN GEORGE L 5
Accession 0001140361-11-009539
CIK 0000203248other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 7:41 PM ET
Size
17.4 KB
Accession
0001140361-11-009539
Insider Transaction Report
Form 5
LINDEMANN GEORGE L
DirectorChairman & CEO
Transactions
- Award
Common Stock
2010-12-31+1,782.453→ 29,870.407 total(indirect: By 401(k))
Holdings
- 143,916.89(indirect: Supplemental Deferred Compensation Plan)
Common Stock
- 4,310,870
Common Stock
- 3,289,220(indirect: By Spouse)
Common Stock
- 441,469
Employee Stock Options (right to purchase)
Exercise: $28.48Exp: 2017-12-17→ Common Stock (441,469 underlying) - 500,000
Employee Stock Options (right to purchase)
Exercise: $12.55Exp: 2018-12-15→ Common Stock (500,000 underlying) - 464,176
Employee Stock Options (right to purchase)
Exercise: $21.64Exp: 2019-12-15→ Common Stock (464,176 underlying) - 482,517
Employee Stock Options (right to purchase)
Exercise: $24.80Exp: 2020-12-13→ Common Stock (482,517 underlying)
Footnotes (8)
- [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 a plan statement for the period ended December 31, 2010.
- [F2]This information concerns shares held under the Issuer's Supplemental Deferred Compensation Plan. This report reflects shares purchased for the plan by the plan trustee, at the sold 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 a plan statement for the period ended December 31, 2010.
- [F3]Includes 58,022 shares of restricted stock, which restrictions expire in full on December 17, 2012. The expiration of the restrictions on the restricted shares will be accelerated upon (i) a change in control of the Issuer or (ii) the death, disability or termination of employment without cause of the Reporting Person.
- [F4]The Reporting Person disclaims beneficial interest in these shares except to the extent of his pecuniary interest therein.
- [F5]Each stock option was awarded at an exercise price of $28.48 per share, which price is equal to the closing price on December 17, 2007 ("Grant Date 2007"). The options will vest in full on the fifth anniversary of Grant Date 2007. The vesting of the options will be accelerated in the event of (i) a change of control of the Company or (ii) the death, disability or termination without cause of the Reporting Person. The expiration of the options shall not be accelerated, except in the event of a termination of employment with cause or by a voluntary termination of employment, including retirement.
- [F6]Each stock option was awarded at an exercise price of $12.55 per share, which price is equal to the closing price on December 15, 2008 ("Grant Date 2008"). The options awarded will vest in equal installments on the first, second and third anniversaries of Grant Date 2008. The vesting of the options will be accelerated in the event of (i) a change of control of the Company or (ii) the death, disability or termination without cause of the Reporting Person. The expiration of the options shall not be accelerated, except in the event of a termination of employment with cause or by a voluntary termination of employment, including retirement. To date, 333,333 options are fully vested and exerciseable.
- [F7]Each stock option was awarded at an exercise price of $21.64 per share, which price is equal to the closing price on December 15, 2009 ("Grant Date 2009"). The options awarded will vest in equal installments on the first, second and third anniversaries of Grant Date 2009. The vesting of the options will be accelerated in the event of (i) a change of control of the Company or (ii) the death, disability or termination without cause of the Reporting Person. The expiration of the options shall not be accelerated, except in the event of a termination of employment with cause or by a voluntary termination of employment. To date, 154,725 options are fully vested and exerciseable.
- [F8]Each stock option was awarded at an exercise price of $24.80 per share, which price is equal to the closing price on December 13, 2010 ("Grant Date 2010"). The options awarded will vest in equal installments on the first, second and third anniversaries of Grant Date 2010. The vesting of the options will be accelerated in the event of (i) a change of control of the Company or (ii) the death, disability or termination without cause of the Reporting Person. The expiration of the options shall not be accelerated, except in the event of a termination of employment with cause or by a voluntary termination of employment.
Documents
Issuer
SOUTHERN UNION CO
CIK 0000203248
Entity typeother
Related Parties
1- filerCIK 0000897631
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 7:41 PM ET
- Size
- 17.4 KB