Brown Winfield S 4
4 · UNITIL CORP · Filed Oct 4, 2023
Insider Transaction Report
Form 4
UNITIL CORPUTL
Brown Winfield S
Director
Transactions
- Award
Common stock, no par value
2023-10-02$41.79/sh+1,914$79,986→ 3,706 total
Holdings
- 3,326
Restricted stock units
→ Common stock (0 underlying)
Footnotes (2)
- [F1]Shares were purchased on my behalf by Unitil Corporation and transferred into my name in connection with the stock portion of my annual Retainer Fee received as a Director of the Company.
- [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.