Talen Energy Corp 4
4 · Talen Energy Corp · Filed Jun 9, 2015
Insider Transaction Report
Form 4
Cox Philip G
Director
Transactions
- Exercise/Conversion
Common Stock
2015-06-05+1,072→ 1,072 total - Exercise/Conversion
Stock Unit
2015-06-05−1,072.703→ 0 total→ Common Stock (1,072.703 underlying)
Footnotes (2)
- [F1]Reflects securities acquired in the spinoff of the Issuer from PPL Corporation.
- [F2]Reflects shares that the Issuer was obligated to issue under a director deferred compensation plan. As a result of the Reporting Person's resignation as a director of PPL Corporation, which resignation was effective upon the spinoff of the Issuer from PPL Corporation, the stock units converted into shares of Issuer common stock on June 5, 2015. The reporting person shall receive cash in lieu of a fractional share. No conversion or exercise price applied.