4//SEC Filing
CLECO CORP 4
Accession 0001140361-15-003423
CIK 0001089819operating
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 12:21 PM ET
Size
5.9 KB
Accession
0001140361-15-003423
Insider Transaction Report
Form 4
CLECO CORPCNL
Miller Thomas R
Vice President - Treasurer
Transactions
- Award
Common Stock, $1 par
2015-01-29+4,243→ 14,043 total
Footnotes (3)
- [F1]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.
- [F2]No value was exchanged for these shares.
- [F3]Since the date of the reporting person's last ownership report, he transferred 331 shares of Cleco common stock to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife. The transfer of these shares is reflected in the total securities owned following the reported transaction.
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, 12:21 PM ET
- Size
- 5.9 KB