4//SEC Filing
ANDERSON ROBERT E 4
Accession 0001222497-10-000059
CIK 0001222497other
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 11:10 AM ET
Size
11.2 KB
Accession
0001222497-10-000059
Insider Transaction Report
Form 4
ANDERSON ROBERT E
Director
Transactions
- Disposition to Issuer
Common Stock
2010-12-21$45.00/sh−2,588$116,460→ 0 total - Exercise/Conversion
Common Stock
2010-12-21+13,213.92→ 13,213.92 total - Disposition to Issuer
Common Stock
2010-12-21$45.00/sh−13,213.92$594,626→ 0 total - Exercise/Conversion
Phantom Stock
2010-12-21−13,213.92→ 0 total→ Common Stock (13,213.92 underlying)
Footnotes (4)
- [F1]All of the equity securities (common stock) in the Company previously reported by me as beneficially owned have automatically been converted to cash at $45.00 per share pursuant to a merger agreement between the issuer, BHE Holding Inc. and BHE Holding Sub One Inc.
- [F2]Each phantom stock unit is the economic equivalent of one share of MAM common stock. The shares of phantom stock become payable in cash over a 10 year period, upon the reporting person's termination of service as a director.
- [F3]Includes 14.55 shares acquired on October 12, 2010, in accordance with the Maine & Maritimes Corporation dividend reinvestment plan.
- [F4]Each phantom stock unit is the economic equivalent of one share of MAM common stock. Resulting from the merger, on December 21, 2010, 13,213.92 of the reporting person's phantom stock units were fixed at $45.00 per share, payable in cash over a 10 year period.
Documents
Issuer
MAINE & MARITIMES CORP
CIK 0001222497
Entity typeother
Related Parties
1- filerCIK 0001194333
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 11:10 AM ET
- Size
- 11.2 KB