4//SEC Filing
NV ENERGY, INC. 4
Accession 0001140361-13-047096
CIK 0000741508operating
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 7:23 PM ET
Size
10.6 KB
Accession
0001140361-13-047096
Insider Transaction Report
Form 4
SANCHEZ TONY F III
SR VICE PRESIDENT
Transactions
- Disposition to Issuer
Common Stock
2013-12-19$23.75/sh−54,035.032$1,283,332→ 0 total - Disposition to Issuer
Restricted Stock Units
2013-12-19$23.75/sh−32,965.25$782,925→ 0 totalExercise: $23.75→ Common Stock (32,965.25 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to Agreement and Plan of Merger dated May 29, 2013 (the "Merger Agreement") among MidAmerican Energy Holdings Company, Silver Merger Sub, Inc. and NV Energy, Inc. ("NVE"), which provides for a cash payment of $23.75 per share of NVE Common Stock. Disposition of shares in merger was approved by NVE Board of Directors and is exempt under Rule 16b-3(e). Total includes shares acquired in NVE's Employee Stock Purchase Plan (166.881 on 5/31/2013 and 130.522 on 11/29/2013) which is a "tax conditioned" plan within the meaning of Rule 16b-3(c). This total also includes 43.333 shares acquired from dividends reinvested on 9/18/2013, pursuant to NVE's dividend reinvestment plan that meets exemption requirements of Rule 16a-11.
- [F2]Disposed of pursuant to the Merger Agreement, which provides that all outstanding Restricted Stock Units ("RSUs") shall become fully vested and be cancelled at the effective time of the merger and that each holder of RSUs shall receive cash in an amount equal to $23.75 times the number of RSUs held immediately prior to the effective time. Disposition of the RSUs in the merger was approved by NVE's Board of Directors and is exempt under Rule 16b-3(e). Total includes 2,965.25 shares representing dividend equivalent rights which were exempt from prior reporting due to the fact that NVE has maintained a dividend reinvestment plan that meets the requirements for the reporting exemption provided by Rule 16a-11.
Documents
Issuer
NV ENERGY, INC.
CIK 0000741508
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000741508
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 7:23 PM ET
- Size
- 10.6 KB