CLECO CORP 4
4 · CLECO CORP · Filed Aug 19, 2014
Insider Transaction Report
Form 4
CLECO CORPCNL
WALKER WILLIAM H JR
Director
Transactions
- Award
Phantom Stock
2014-08-15$54.38/sh+341$18,544→ 46,625 total→ Common Stock, $1.00 par (341 underlying)
Holdings
- 60,965.093
Common Stock, $1.00 par
Footnotes (3)
- [F1]Includes 9.622 shares acquired on May 20, 2014 through the Cleco Corporation Dividend Reinvestment Plan.
- [F2]The shares of phantom stock relate to dividend reinvestment on shares of phantom stock pursuant to the terms and provisions of the Cleco Corporation Deferred Compensation Plan (the "Plan"). The reporting person has elected to defer receipt of these shares under the plan. Each share of phantom stock is the economic equivalent of one share of Cleco Corporation common stock.
- [F3]Includes 13,904 shares of phantom stock (not subject to restrictions) related to dividend reinvestment on shares of phantom stock 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) 1,717 shares of phantom stock subject to restrictions that lapse on January 27, 2018 and (e) 1,596 shares of phantom stock subject to restrictions that lapse on January 24, 2019.