4//SEC Filing
PARDO FELIX 4
Accession 0001140361-12-042494
CIK 0001379895other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 5:07 PM ET
Size
11.8 KB
Accession
0001140361-12-042494
Insider Transaction Report
Form 4
DYNEGY INC.DYN
PARDO FELIX
Director
Transactions
- Exercise/Conversion
Common Stock
2012-10-01+120,341.21→ 120,341.21 total - Award
Phantom Stock
2012-09-28+46,052.63→ 120,341.21 total→ Common Stock (46,052.63 underlying) - Disposition to Issuer
Common Stock
2012-10-01$0.38/sh−120,341.21$45,730→ 0 total - Exercise/Conversion
Phantom Stock
2012-10-01−120,341.21→ 0 total→ Common Stock (120,341.21 underlying)
Footnotes (4)
- [F1]Each share of phantom stock was the economic equivalent of one share of Dynegy Inc. common stock. On October 1, 2012, 120,341.21 of the Reporting Person's shares of phantom stock held under the Dynegy Inc. Deferred Compensation Plan for Certain Directors, as amended, a Rule 16b-3 Plan with the issuer (the "Plan") were settled for cash in accordance with the terms of the Plan after termination of service as a director.
- [F2]These shares are deemed to be phantom stock that are convertible on a one-for-one basis and payable solely in cash.
- [F3]Reflects shares of phantom stock issued to the Reporting Person pursuant to the Deferred Compensation Plan. The shares of phantom stock were issued in connection with the Reporting Person's director compensation for the third quarter of 2012, and the number of shares of phantom stock issued with respect to the quarter was calculated based on the closing stock price of the issuer's common stock of $.38 (rounded) on September 28, 2012, the last trading day of the quarter.
- [F4]Upon termination of the Reporting Person's service as a director, the shares of phantom stock become payable, at the election of the Reporting Person, in a lump sum payment or in monthly, quarterly or annual installment payments following such termination. The shares of phantom stock are payable in cash.
Documents
Issuer
DYNEGY INC.
CIK 0001379895
Entity typeother
Related Parties
1- filerCIK 0001251995
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 5:07 PM ET
- Size
- 11.8 KB