UIL HOLDINGS CORP 4
4 · UIL HOLDINGS CORP · Filed Apr 6, 2015
Insider Transaction Report
Form 4
KELLY SUEDEEN G
Director
Transactions
- Award
Phantom Stock Units
2015-04-01$51.19/sh+19.376$992→ 2,315.153 totalExercise: $51.19From: 1988-08-08Exp: 1988-08-08→ Common Stock (19.376 underlying) - Award
Restricted Stock Units
2015-04-01$51.20/sh+70.56$3,612→ 8,432.408 totalExercise: $51.20From: 2012-05-15Exp: 2013-05-15→ Common Stock (70.56 underlying)
Footnotes (3)
- [F1]As a result of a timely deferral election, payment of a cash fee for service as a non-employee director has been deferred and is deemed to be invested in phantom stock units pursuant to the terms of the UIL Holdings Corporation Non-Employee Directors Common Stock and Deferred Compensation Plan. Phantom Stock Units are credited quarterly with dividend equivalents and are paid in the form of the Issuer's Common Stock upon distribution.
- [F2]The Staff has designated "08/08/1988" as a dummy date for this specific purpose.
- [F3]Dividend equivalent as with respect to restricted stock units deferred pursuant to UIL Holdings Corporation 2008 Stock and Incentive Compensation Plan terms for Non-Employee Directors. Restricted Stock Units are credited in the form of additional restricted stock units. Generally, restricted stock units credited under the Plan are payable in shares of common stock upon termination of service as a director.