WESTAR ENERGY INC /KS 4
4 · WESTAR ENERGY INC /KS · Filed Jan 20, 2012
Insider Transaction Report
Form 4
WAGES LEROY P
VP, Controller
Transactions
- Tax Payment
Common Stock, par value $5.00
2012-01-20$28.91/sh−998$28,857→ 10,853 total - Award
Common Stock, par value $5.00
2012-01-20+3,172→ 11,851 total - Gift
Common Stock, par value $5.00
2012-01-20−2,174→ 8,679 total - Gift
Common Stock, par value $5.00
2012-01-20+2,174→ 56,996 total(indirect: By Trust)
Holdings
- 645(indirect: By 401(k))
Common Stock, par value $5.00
Footnotes (6)
- [F1]Vesting and distribution of 3,172 performance-based restricted share units that were granted on February 24, 2010, with a vesting date of January 1, 2012. Under the terms of the grant, the number of shares to be received by the Reporting Person at vesting is increased or decreased based on the Issuer's Total Shareholder Return as compared to the Total Shareholder Return for a defined Peer Group of companies for the defined Performance Period. The determination that the performance criteria relating to the grant had been met and the calculation of the number of shares to be distributed were completed on January 20, 2012.
- [F2]Includes 6,925 restricted share units that are subject to forfeiture.
- [F3]Forfeiture of 998 shares for the payment of taxes upon the vesting and distribution of 3,172 performance-based restricted share units granted on 2/24/10 and described in this report.
- [F4]Shares were transferred from the reporting person to a trust for which he serves as a co-trustee with his spouse and of which his spouse is a beneficiary.
- [F5]Includes 286 shares acquired through the reinvestment of dividends.
- [F6]Trust for which the reporting person serves as a co-trustee with his spouse, and of which his spouse is a beneficiary.