4//SEC Filing
GARRETT J PATRICK 4
Accession 0001140361-12-004523
CIK 0001089819other
Filed
Jan 30, 7:00 PM ET
Accepted
Jan 31, 5:35 PM ET
Size
7.3 KB
Accession
0001140361-12-004523
Insider Transaction Report
Form 4
CLECO CORPCNL
GARRETT J PATRICK
Director
Transactions
- Award
Phantom Stock
2012-01-27+2,113→ 56,194.866 total→ Common Stock, $1.00 par (2,113 underlying)
Holdings
- 50,732.808
Common Stock, $1.00 par
Footnotes (2)
- [F1]The shares of phantom stock relate to shares of restricted stock granted under the Cleco Corporation Long-Term Incentive Compensation Plan. No separate value was exchanged for these shares. Except as expressly provided in the grant letter relating to these shares of restricted stock, such shares cannot be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of by the reporting person prior to January 27, 2018. The reporting person has elected to defer receipt of these shares of restricted stock under the Cleco Corporation Deferred Compensation Plan (the "Plan"). Each share of phantom stock is the economic equivalent of one share of Cleco Corporation common stock.
- [F2]Includes 9,876 shares of phantom stock (not subject to restrictions) related to dividend reinvestment on shares of phantom stock pursuant to the terms and provisions of the Plan. Includes (a) 1,846 shares of phantom stock subject to restrictions that lapse on January 26, 2013; (b) 2,140 shares of phantom stock subject to restrictions that lapse on January 25, 2014; (c) 2,544 shares of phantom stock subject to restrictions that lapse on January 30, 2015; (d) 2,149 shares of phantom stock subject to restrictions that lapse on January 29, 2016; (e) 1,898 shares of phantom stock subject to restrictions that lapse on January 28, 2017 and (f) 2,113 shares of phantom stock subject to restrictions that lapse on January 27, 2018.
Documents
Issuer
CLECO CORP
CIK 0001089819
Entity typeother
Related Parties
1- filerCIK 0001186052
Filing Metadata
- Form type
- 4
- Filed
- Jan 30, 7:00 PM ET
- Accepted
- Jan 31, 5:35 PM ET
- Size
- 7.3 KB