UNITIL CORP 4
4 · UNITIL CORP · Filed Jun 4, 2015
Insider Transaction Report
Form 4
UNITIL CORPUTL
GREEN MICHAEL B
Director
Transactions
- Purchase
Common stock, no par value
2015-05-22$33.80/sh+355$11,999→ 5,529.746 total
Holdings
- 4,065
Restricted stock units
Exercise: $0.00→ Common Stock (4,065 underlying)
Footnotes (1)
- [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.