4//SEC Filing
OCONNOR JENNIFER L 4
Accession 0001225208-09-003254
CIK 0001085392other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 2:40 PM ET
Size
14.1 KB
Accession
0001225208-09-003254
Insider Transaction Report
Form 4
OCONNOR JENNIFER L
Sr VP and General Counsel
Transactions
- Disposition to Issuer
LTIP
2009-02-06−5,283→ 0 totalExercise: $0.00From: 2010-12-31Exp: 2010-12-31→ Common (5,283 underlying) - Disposition to Issuer
LTIP
2009-02-06−6,789→ 0 totalExercise: $0.00From: 2009-12-31Exp: 2009-12-31→ Common (6,789 underlying) - Gift
Common
2009-01-30−400→ 28,754 total - Disposition to Issuer
Common
2009-02-06$30.00/sh−28,754$862,620→ 0 total - Disposition to Issuer
LTIP
2009-02-06−7,734→ 0 totalExercise: $0.00From: 2008-12-31Exp: 2008-12-31→ Common (7,734 underlying)
Footnotes (4)
- [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]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.
- [F3]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.
- [F4]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.
Documents
Issuer
PUGET ENERGY INC /WA
CIK 0001085392
Entity typeother
Related Parties
1- filerCIK 0001214417
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 2:40 PM ET
- Size
- 14.1 KB