ELFNER ALBERT H III 4
4 · UNITIL CORP · Filed Oct 3, 2012
Insider Transaction Report
Form 4
UNITIL CORPUTL
ELFNER ALBERT H III
Director
Transactions
- Award
Restricted stock units
2012-10-01$27.43/sh−1,094$30,008→ 1,094 total→ Common stock (1,094 underlying)
Holdings
- 8,088
Common stock, no par value
Footnotes (3)
- [F1]Each restricted stock unit is equivalent in value to one share of Unitil Corporation's common stock, no par value ("Common Stock"), and represents the right to receive a combination of cash and Common Stock after separation from service on Unitil Corporation's Board of Directors. Each restricted stock unit is fully vested upon grant and is payable 70% in Common Stock and 30% in cash, based upon the closing price of Common Stock on the day prior to settlement.
- [F2]Each restricted stock unit is equivalent in value to one share of Unitil Corporation's common stock, no par value ("Common Stock"), and represents the right to receive a combination of cash and Common Stock after separation from service on Unitil Corporation's Board of Directors. Each restricted stock unit is fully vested upon grant and is payable 70% in Common Stock and 30% in cash, based upon the closing price of Common Stock on the day prior to settlement.
- [F3]Each restricted stock unit is equivalent in value to one share of Unitil Corporation's common stock, no par value ("Common Stock"), and represents the right to receive a combination of cash and Common Stock after separation from service on Unitil Corporation's Board of Directors. Each restricted stock unit is fully vested upon grant and is payable 70% in Common Stock and 30% in cash, based upon the closing price of Common Stock on the day prior to settlement.