Talen Energy Corp 4
4 · Talen Energy Corp · Filed Jan 6, 2016
Insider Transaction Report
Form 4
BERNTHAL FREDERICK M
Director
Transactions
- Award
Stock Unit (DDCP)
2016-01-04$5.94/sh+5,471.38$32,500→ 11,218.45 total→ Common Stock (5,471.38 underlying)
Footnotes (1)
- [F1]Represents stock units acquired under the Issuer's Directors Deferred Compensation Plan ("DDCP"). Each unit is the economic equivalent of one share of Issuer common stock. Pursuant to the terms of the DDCP, the stock units shall settle in cash or common stock, at the director's option, upon the director's retirement or separation from service. No conversion or exercise price applies.