4//SEC Filing
CLECO CORP 4
Accession 0001140361-14-004467
CIK 0001089819operating
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 4:02 PM ET
Size
9.3 KB
Accession
0001140361-14-004467
Insider Transaction Report
Form 4
CLECO CORPCNL
LaBorde Robert R Jr
VP-Strat Plng, Dev & Env Polic
Transactions
- Award
Common Stock, $1 par
2014-01-31+1,012→ 25,023.197 total - Tax Payment
Common Stock, $1 par
2014-01-31−956→ 24,067.197 total - Award
Common Stock, $1 par
2014-01-31+2,740→ 26,807.197 total
Footnotes (5)
- [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 132.4261 shares acquired through contributions and/or reinvestment of dividends under the Company's 401(k) plan and the Company's Employee Stock Purchase Plan during 2013. Total also includes 331.6218 shares acquired through the Company's dividend reinvestment plan during 2013.
- [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.
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, 4:02 PM ET
- Size
- 9.3 KB