Earnings Feed
Start Free
Home/Filings/4/0001201280-07-000002
4//SEC Filing

FPL GROUP INC 4

Accession 0001201280-07-000002

$NEECIK 0000753308operating
View on SEC.govCompany Profile

Filed

Feb 19, 7:00 PM ET

Accepted

Feb 20, 10:35 AM ET

Size

23.7 KB

Accession

0001201280-07-000002

Insider Transaction Report

Form 4
Period: 2007-02-15
FPL GROUP INCFPL
STALL JOHN A
President, Nuclear DivisionOther
Transactions
  • Tax Payment

    Common Stock

    2007-02-15$59.05/sh−3,392$200,298→ 89,948 total
  • Award

    Common Stock

    2007-02-15+8,524→ 98,472 total
  • Award

    Common Stock

    2007-02-15+16,506→ 114,978 total
  • Tax Payment

    Common Stock

    2007-02-15$59.05/sh−6,017$355,304→ 108,961 total
  • Award

    Phantom Shares

    2007-02-15+728→ 2,345 total
    → Common Stock
  • Award

    Employee Stock Option (Right to Buy)

    2007-02-15+18,105→ 18,105 total
    Exercise: $59.05Exp: 2017-02-15→ Common Stock (18,105 underlying)
Holdings

  • Common Stock

    (indirect: By Trust)
    3,511

  • Employee Stock Option (Right to Buy)

    Exercise: $26.32Exp: 2012-02-11→ Common Stock (50,000 underlying)
    50,000

  • Employee Stock Option (Right to Buy)

    Exercise: $36.95Exp: 2015-01-03→ Common Stock (30,000 underlying)
    30,000

  • Employee Stock Option (Right to Buy)

    Exercise: $41.76Exp: 2016-02-16→ Common Stock (25,000 underlying)
    25,000
Footnotes (11)
  • [F1]Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 12, 2004, January 3, 2005 and February 16, 2006.
  • [F10]Options to buy 6,035 shares become exercisable on each of 02/15/2008, 02/15/2009 and 02/15/2010.
  • [F11]Not applicable.
  • [F2]Includes 23,676 shares deferred until reporting person's retirement.
  • [F3]Restricted stock grant made pursuant to Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
  • [F4]Shares acquired in settlement of performance share awards (which were not derivative securities) under Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
  • [F5]Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired February 15, 2007 in settlement of performance share awards.
  • [F6]Phantom shares are annually credited to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the FPL Group, Inc. Supplemental Executive Retirement Plan in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Thrift Plan ("Thrift Plan") plus (b) theoretical earnings, by (c) the closing price of the Issuer's common stock on the last business day of the relevant year ($54.42 in 2006). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
  • [F7]Options are currently exercisable.
  • [F8]Options to buy 20,000 shares are currently exercisable and options to buy 10,000 shares become exercisable on 1/3/2008.
  • [F9]Options to buy 8,333 shares are currently exercisable, options to buy 8,333 shares become exercisable on 02/16/2008 and options to buy 8,334 shares become exercisable on 02/16/2009.

Documents

1 file

Issuer

FPL GROUP INC

CIK 0000753308

→
Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0000753308

Filing Metadata

Form type
4
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 10:35 AM ET
Size
23.7 KB
View on SEC.gov