4//SEC Filing
CLECO CORP 4
Accession 0001140361-15-003408
CIK 0001089819operating
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 12:03 PM ET
Size
8.9 KB
Accession
0001140361-15-003408
Insider Transaction Report
Form 4
CLECO CORPCNL
Bunting Anthony L
Vice President
Transactions
- Award
Common Stock, $1 par
2015-01-29+637→ 41,028.232 total - Tax Payment
Common Stock, $1 par
2015-01-29−241→ 40,787.232 total - Award
Common Stock, $1 par
2015-01-29+2,376→ 43,163.232 total
Footnotes (4)
- [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, 2014.
- [F2]No value was exchanged for these shares.
- [F3]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, 2014.
- [F4]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, 2015 and ending December 31, 2017. For the 2015 - 2017 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 1, 7:00 PM ET
- Accepted
- Feb 2, 12:03 PM ET
- Size
- 8.9 KB