4//SEC Filing
ELDREDGE JAMES W 4
Accession 0001225208-09-003245
CIK 0001085392other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 2:38 PM ET
Size
16.4 KB
Accession
0001225208-09-003245
Insider Transaction Report
Form 4
ELDREDGE JAMES W
Vice President and
Controller
Transactions
- Disposition to Issuer
Common
2009-02-06$30.00/sh−12,040$361,200→ 0 total - Disposition to Issuer
Common
2009-02-06$30.00/sh−8,611$258,330→ 0 total(indirect: By 401(k)) - Disposition to Issuer
LTIP
2009-02-06−2,887→ 0 totalExercise: $0.00From: 2008-12-31Exp: 2008-12-31→ Common (2,887 underlying) - Disposition to Issuer
LTIP
2009-02-06−1,965→ 0 totalExercise: $0.00From: 2010-12-31Exp: 2010-12-31→ Common (1,965 underlying) - Disposition to Issuer
LTIP
2009-02-06−2,525→ 0 totalExercise: $0.00From: 2009-12-31Exp: 2009-12-31→ Common (2,525 underlying) - Disposition to Issuer
PSE Deferred Compensation Plan
2009-02-06−3,532→ 0 totalExercise: $0.00→ Common (3,532 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to merger agreement among the issuer, Padua Holdings LLC (now Puget Holdings LLC), Padua Intermediate Holdings Inc. (now Puget Intermediate Holdings Inc.) and Padua Merger Sub Inc. (which later changed its name to Puget Merger Sub Inc.) in exchange for a cash payment of $30 per share, less any applicable tax withholding.
- [F2]Disposed of pursuant to the merger agreement referenced above and the terms of the applicable plans through reallocation to plan measurement funds other than a company stock fund or phantom share units, as applicable.
- [F3]Performance shares grants under the Puget Energy Long Term Incentive Plan (LTIP) for Officers and Key Employees. LTIP performance shares are paid in stock (or cash) when vested from zero to 175% of LTIP performance shares granted.
- [F4]Disposed of pursuant to the merger agreement referenced above in exchange for a cash payment equal to $30.00 per share for the number of shares that were issuable upon the achievement, for each outstanding award cycle, of (i) the target performance level for the applicable cycle and (ii) the performance measures that the issuer had achieved for the applicable cycle during the period commencing upon the starting year of such cycle and ending with the fiscal quarter immediately preceding the merger, plus the dividend equivalents associated with the number of shares.
- [F5]LTIP share grants under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees. LTIP Shares are paid in stock (or up to 50% in cash) when vested in an amount ranging from zero to 155.5% of LTIP Share Grants.
- [F6]One common share will be received for each stock unit.
- [F7]Phantom share units deferred in the Puget Sound Energy Deferred Compensation Plan.
Documents
Issuer
PUGET ENERGY INC /WA
CIK 0001085392
Entity typeother
Related Parties
1- filerCIK 0001141653
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 2:38 PM ET
- Size
- 16.4 KB