Talen Energy Corp 4
4 · Talen Energy Corp · Filed Jun 10, 2015
Insider Transaction Report
Form 4
Rausch Timothy S.
SVP & Chief Nuclear Officer
Transactions
- Award
Employee Stock Options (Right to Buy)
2015-06-08+63,970→ 63,970 totalExercise: $19.00Exp: 2025-06-08→ Common Stock (63,970 underlying) - Other
Common Stock
2015-06-08$18.94/sh−7$133→ 0 total(indirect: See Footnote) - Award
Common Stock
2015-06-08+16,504→ 21,163 total
Footnotes (3)
- [F1]Reflects a grant of restricted stock units that vests in full on June 8, 2018.
- [F2]Reflects shares of common stock of the Issuer held in the PPL Corporation Employee Stock Ownership Plan (the "PPL ESOP") as a result of the spinoff of the Issuer from PPL Corporation. The reported sale reflects a mandatory disposition by the trustee of the PPL ESOP of the shares received in connection with the spinoff of the Issuer from PPL Corporation.
- [F3]The options vest in three equal annual installments beginning on June 8, 2016.