4//SEC Filing
Marshall Richard N 4
Accession 0001140361-11-021678
CIK 0000203248other
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 7:51 PM ET
Size
23.3 KB
Accession
0001140361-11-021678
Insider Transaction Report
Form 4
Marshall Richard N
SVP & Chief Financial Officer
Transactions
- Award
Common Stock
2011-04-08$28.46/sh+61.372$1,747→ 11,640.307 total(indirect: Supplemental Deferred Compensation Plan)
Holdings
- 46,703
Stock Appreciation Rights (Common Stock)
Exercise: $21.64Exp: 2019-12-15→ Common Stock (46,703 underlying) - 9,681
Cash Restricted Units
→ Common Stock (9,681 underlying) - 1,050
Common Stock
- 38,685
Stock Appreciation Rights
Exercise: $28.48Exp: 2017-12-17→ Common Stock (38,685 underlying) - 32,168
Stock Appreciation Rights
Exercise: $24.80Exp: 2020-12-13→ Common Stock (32,168 underlying) - 8,269
Employee Stock Option (Right to Purchase)
Exercise: $16.83Exp: 2014-02-06→ Common Stock (8,269 underlying) - 19,299
Stock Appreciation Rights
Exercise: $28.07Exp: 2016-12-28→ Common Stock (19,299 underlying) - 2,949.577(indirect: By 401(k))
Common Stock
- 1,037.284
Common Stock
- 683
Employee Stock Option (Right to Purchase)
Exercise: $24.06Exp: 2015-07-26→ Common Stock (683 underlying) - 95,336
Stock Appreciation Rights
Exercise: $12.55Exp: 2018-12-15→ Common Stock (95,336 underlying) - 13,305
cash restricted Units
→ Common Stock (13,305 underlying) - 15,464
Cash Restricted Units
→ Common Stock (15,464 underlying)
Footnotes (12)
- [F1]This information concerns shares held under the Issuer's Supplemental Deferred Compensation Plan. Shares purchased for the plan by the plan trustee are purchased at the sole discretion of the trustee, at such prices as were available in the open market at the time of such purchases.
- [F10]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 the Grant Date 2009. The award will vest in equal installments on the first, second and third anniversaries of Grant Date 2009. To date, 15,567 shares have vested. An additional 15,567 stock apprecation rights will vest on December 15, 2011.
- [F11]9,681 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 the award will expire in equal installments on the first, second and third anniversaries of Grant Date 2010.
- [F12]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 the Grant Date 2010. The award will vest in equal installments on the first, second and third anniversaries of Grant Date 2010.
- [F2]This information concerns shares held under the Issuer's 401(k) Plan. Information reported herein is based on a plan statement for the period ended December 31, 2010.
- [F3]The Reporting Person owns these shares jointly with his spouse.
- [F4]The options are fully vested and exercisable.
- [F5]Stock appreciation rights will be settled in shares of common stock at an exercise price of $28.07 per share, which was equal to the closing price on December 28, 2006 ("Grant Date 2006"). The Stock appreciation rights granted on Grant Date 2006 are fully vested and exercisable.
- [F6]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 the Grant Date 2007. The Stock appreciation rights granted on Grant Date 2007 are fully vested and exercisable.
- [F7]23,195 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 the award will expire in equal installments on the first, second and third anniversaries of Grant Date 2008. To date, restrictions have expired on 15,463 of the cash restricted units. Restrictions on an additional 7,732 cash restricted units will expire on December 15, 2011.
- [F8]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 the Grant Date 2008. The award will vest in equal installments on the first, second and third anniversaries of Grant Date 2008. To date 63,557 shares have vested. An additional 31,779 stock appreciation rights will vest on December 15, 2011.
- [F9]13,305 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 the award will expire in equal installments on the first, second and third anniversaries of Grant Date 2009. To date, restrictions have expired on 4,435 cash restricted units. Restrictions on an additional 4,435 cash restricted units will expire on December 15, 2011.
Documents
Issuer
SOUTHERN UNION CO
CIK 0000203248
Entity typeother
Related Parties
1- filerCIK 0001380705
Filing Metadata
- Form type
- 4
- Filed
- Apr 10, 8:00 PM ET
- Accepted
- Apr 11, 7:51 PM ET
- Size
- 23.3 KB