ENERGY EAST CORP 4
4 · ENERGY EAST CORP · Filed May 24, 2005
Insider Transaction Report
Form 4
MCLAIN F MICHAEL
Vice President - Subsidiary
Transactions
- Exercise/Conversion
Common Stock
2005-05-23$23.89/sh+13,333$318,525→ 31,908.382 total - Exercise/Conversion
Employee Stock Option (right to buy) / SAR
2005-05-23$27.80/sh−13,333$370,657→ 6,667 totalExercise: $23.89From: 2004-02-12Exp: 2014-02-12→ Common Stock (13,333 underlying) - Disposition to Issuer
Common Stock
2005-05-23$27.80/sh−13,333$370,657→ 18,575.382 total
Holdings
- 11,962
Employee Stock Option (right to buy) /SAR
Exercise: $26.22From: 2005-04-01Exp: 2015-04-01→ Common Stock (11,962 underlying) - 958.005(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Includes equity securities acquired with participant contributions, Company matching fund contributions, and reinvested dividends pursuant to the common stock fund of the Company's 401(k) Plan which are exempt from reporting.
- [F2]The Stock Appreciation Right (SAR) was issued in tandem with an Employee Stock Option (right to buy). The exercise of a SAR will result in the corresponding cancellation of the Employee Stock Option (right to buy) to the extent of the number of shares of the Company's Common Stock as to which SARs are exercised. The exercise of the Employee Stock Option (right to buy) will result in the corresponding cancellation of a SAR to the extent of the number of shares of the Company's Common Stock as to which the Employee Stock Option (right to buy) is exercised.
- [F3]Includes equity securities acquired with reinvested dividends which are exempt from reporting.
- [F4]The option is exercisable in three installments regarding the original number of options granted as follows: (a) in aggregate as to no more than 33 1/3% on February 12, 2004; (b) in aggregate as to no more than 66 2/3% on January 1, 2005; and (c) on January 1, 2006 as to 100% of all options which have not been previously exercised.
- [F5]The option is exercisable in three installments regarding the original number of options granted as follows: (a) in aggregate as to no more than 33 1/3% on April 1, 2005; (b) in aggregate as to no more than 66 2/3% on January 1, 2006; and (c) on January 1, 2007 as to 100% of all options which have not been previously exercised.