4//SEC Filing
CLECO CORP 4
Accession 0001140361-14-004465
CIK 0001089819operating
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 3:58 PM ET
Size
11.0 KB
Accession
0001140361-14-004465
Insider Transaction Report
Form 4
CLECO CORPCNL
FONTENOT WILLIAM G
Group Vice President
Transactions
- Award
Common Stock, $1 par
2014-01-31+4,004→ 58,070.277 total - Tax Payment
Common Stock, $1 par
2014-01-31−3,449→ 54,621.277 total - Award
Common Stock, $1 par
2014-01-31+4,077→ 58,698.277 total - Other
Common Stock, $1 par
2013-12-31+136.921→ 4,542.334 total(indirect: By Trust)
Footnotes (7)
- [F1]Shares acquired under the Company's 2010 Long-Term Incentive Compensation Plan as the result of the Company's above-target performance during the three-year period ending December 31, 2013.
- [F2]No value was exchanged for these shares.
- [F3]Total includes 87.7433 shares acquired through contributions and/or reinvestment of dividends under the Company's 401(k) plan during the period beginning 11/15/2013 through 01/31/2014.
- [F4]Payment of tax liability by withholding securities incident to the receipt of shares awarded under the Company's 2010 Long-Term Incentive Compensation Plan for the three-year performance period ending December 31, 2013.
- [F5]Performance shares granted under the Company's 2010 Long-Term Incentive Compensation Plan. Shares are subject to forfeiture, in whole or in part, based on the Company's performance during a three-year period beginning January 1, 2014 and ending December 31, 2016. For the 2014 - 2016 performance cycle, the Compensation Committee has established total shareholder return (defined as the Company's common stock price appreciation plus dividends paid during the performance cycle) compared to companies in a peer group also selected by the Committee as the performance goal. Dividends will be accrued quarterly during the performance cycle, are subject to forfeiture in whole or in part, and will be paid only after the final determination of performance and in proportion to the target shares.
- [F6]Shares acquired through the Company's dividend reinvestment plan during 2013.
- [F7]$43.78 - $48.01
Documents
Issuer
CLECO CORP
CIK 0001089819
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0001089819
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 3:58 PM ET
- Size
- 11.0 KB