4//SEC Filing
BENOIT DAVID C 4
Accession 0001209191-19-052997
CIK 0000276209other
Filed
Oct 10, 8:00 PM ET
Accepted
Oct 11, 2:38 PM ET
Size
11.5 KB
Accession
0001209191-19-052997
Insider Transaction Report
Form 4
BENOIT DAVID C
Vice President, Finance/CFO/Tr
Transactions
- Disposition to Issuer
Common Stock
2019-10-09$70.00/sh−11,436$800,520→ 0 total - Disposition to Issuer
Performance Share Units
2019-10-09−34,329→ 0 total→ Common Stock (34,329 underlying) - Disposition to Issuer
Restricted Stock Units
2019-10-09−3,309→ 0 total→ Common Stock (3,309 underlying)
Footnotes (3)
- [F1]See explanation in remarks below
- [F2]All outstanding Company Performance Share Units ("PSUs") granted prior to March 14, 2018 (which are no longer subject to performance-based vesting) were assumed by SJW and converted into a time-based vesting SJW restricted share unit award based on the Equity Award Ratio (as defined in the Merger Agreement) covering a number of shares of common stock of SJW based on the number of shares of Company common stock that was subject to each applicable PSU award immediately prior to the closing of the Merger. All outstanding PSUs granted on or after March 14, 2018 were assumed by SJW and converted into a time-based vesting award covering a number of shares of common stock of SJW based on the target number of PSUs (determined in a manner consistent with the Compa,ny's past practice) that was subject to each applicable PSU award immediately prior to the closing of the Merger multiplied by the Equity Award Ratio (as defined in the Merger Agreement).
- [F3]SJW assumed all outstanding Company Restricted Share Units that were subject to service-based vesting ("RSUs") and such RSUs were converted into SJW restricted share units based on the Equity Award Ratio (as defined in the Merger Agreement).
Documents
Issuer
CONNECTICUT WATER SERVICE INC / CT
CIK 0000276209
Entity typeother
Related Parties
1- filerCIK 0001217198
Filing Metadata
- Form type
- 4
- Filed
- Oct 10, 8:00 PM ET
- Accepted
- Oct 11, 2:38 PM ET
- Size
- 11.5 KB