ENERGY EAST CORP 4
4 · ENERGY EAST CORP · Filed May 20, 2005
Insider Transaction Report
Form 4
BENSON RICHARD R
Vice President-Subsidiary
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy) /SAR
2005-05-19$27.69/sh−3,987$110,400→ 7,975 totalExercise: $26.22From: 2005-04-01Exp: 2015-04-01→ Common Stock (3,987 underlying) - Exercise/Conversion
Common Stock
2005-05-19$26.72/sh+40,000$1,068,752→ 60,517.354 total - Disposition to Issuer
Common Stock
2005-05-19$27.69/sh−40,000$1,107,600→ 20,517.354 total - Exercise/Conversion
Employee Stock Option (right to buy) / SAR
2005-02-17$26.64/sh−13,333$355,191→ 6,667 totalExercise: $23.89From: 2004-02-12Exp: 2014-02-12→ Common Stock (13,333 underlying) - Exercise/Conversion
Common Stock
2005-05-19$26.22/sh+3,987$104,539→ 24,504.354 total - Disposition to Issuer
Common stock
2005-05-19$27.69/sh−3,987$110,400→ 20,517.354 total
Holdings
- 7,701.16(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Includes equity securities acquired with reinvested dividends which are exempt from reporting under Rule 16a-11.
- [F2]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.
- [F3]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.
- [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.