4//SEC Filing
CLECO CORP 4
Accession 0001140361-14-011456
CIK 0001089819operating
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:31 PM ET
Size
7.2 KB
Accession
0001140361-14-011456
Insider Transaction Report
Form 4
CLECO CORPCNL
GARRETT J PATRICK
Director
Transactions
- Discretionary Transaction
Phantom Stock
2014-03-04$49.84/sh−34,587.866$1,723,859→ 29,248 total→ Common Stock, $1.00 par (34,587.866 underlying)
Holdings
- 33,000
Common Stock, $1.00 par
Footnotes (3)
- [F1]The shares of phantom stock relate to director compensation that the reporting person has elected to defer 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]The reporting person transferred holdings from the Company's phantom stock units held within the Cleco Corporation Deferred Compensation Plan (the "Plan") to other investments within the Plan to levelize certain payments to be made under the Plan upon retirement from the Board of Directors.
- [F3]Includes 5,273 shares of phantom stock (not subject to restrictions) related to dividend reinvestment on shares of phantom stock and phantom stock awarded pursuant to the terms and provisions of the Plan. Includes (a) 2,544 shares of phantom stock subject to restrictions that lapse on January 30, 2015; (b) 2,149 shares of phantom stock subject to restrictions that lapse on January 29, 2016; (c) 1,898 shares of phantom stock subject to restrictions that lapse on January 28, 2017; (d) 2,113 shares of phantom stock subject to restrictions that lapse on January 27, 2018; and (e) 1,964 shares of phantom stock subject to restrictions that lapse on January 24, 2019.
Documents
Issuer
CLECO CORP
CIK 0001089819
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0001089819
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 4:31 PM ET
- Size
- 7.2 KB