OSHAUGHNESSY M BRIAN 4
4 · UNITIL CORP · Filed Oct 2, 2018
Insider Transaction Report
Form 4
UNITIL CORPUTL
OSHAUGHNESSY M BRIAN
Director
Transactions
- Award
Restricted stock units
2018-10-01$49.63/sh+1,208$59,953→ 9,240 total→ Common stock (1,208 underlying)
Holdings
- 16,355.621
Common stock, no par value
Footnotes (2)
- [F1]Includes 57.725 shares of common stock acquired on November 29, 2017, 68.558 shares of common stock acquired on February 28, 2018, 63.405 shares of common stock acquired on May 29, 2018, 59.671 shares of common stock acquired on August 29, 2018, in each case resulting from the reinvestment of dividends pursuant to Unitil Corporation's Dividend Reinvestment and Stock Purchase Plan.
- [F2]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.