4//SEC Filing
FPL GROUP INC 4
Accession 0001183309-03-000008
$NEECIK 0000753308operating
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 5:04 PM ET
Size
7.0 KB
Accession
0001183309-03-000008
Insider Transaction Report
Form 4
TREGURTHA PAUL R
Director
Transactions
- Award
Phantom Stock Units
2003-09-15$61.97/sh+2$124→ 226 total→ Common Stock
Footnotes (4)
- [F1]Phantom Stock Units APPROXIMATE the number of phantom shares of FPL Group, Inc. Common Stock attributable to phantom units credited to the reporting person's account under the FPL Group, Inc. Deferred Compensation Plan (the Plan). Compensation deferred under the Plan is deemed to be invested in a number of unfunded theoretical units equal to the number of units which would have been credited if the deferred compensation had been invested in FPL Group's company stock fund in its Thrift Plan (the Stock Fund). The Stock Fund is accounted for in units of a unitized pool of stock and cash, with the value of each unit determined by reference to the closing price of FPL Group, Inc. Common Stock on the New York Stock Exchange on any given date.
- [F2](Footnote No. 1 continued) PHANTOM STOCK UNITS REPORTED ABOVE ARE ESTIMATED based on the number of shares of FPL Group, Inc. Common Stock in the Stock Fund represented by each unit of the Stock Fund on a given date, multiplied by the number of theoretical units credited to the reporting person upon a deferral or held at the end of the period. Accounts are payable only in cash at the end of the deferral period. This filing is not an admission that Phantom Stock Units or the theoretical units of the Stock Fund are derivative securities.
- [F3]Differences in holdings on any given date may result from varying percentages of cash and stock held in the Stock Fund on different dates.
- [F4]As of September 15, 2003, the reporting person also directly beneficially owns 4,495.109 Phantom Shares. Such Phantom Shares were previously credited to an account for the reporting person pursuant to the FPL Group, Inc. Supplemental Pension Plan for Non-Employee Directors established in connection with termination of the FPL Group, Inc. Non-Employee Director Retirement Plan. Amount shown in this footnote does not include previously reported cash dividends that would be payable on the Phantom Shares if the reporting person was the record holder of the number of shares of FPL Group, Inc. Common Stock equal to the Phantom Shares credited to the reporting person or previously reported interest on such dividends because such dividends and interest are not accounted for in Phantom Shares.
Documents
Issuer
FPL GROUP INC
CIK 0000753308
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000753308
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 5:04 PM ET
- Size
- 7.0 KB