WESTAR ENERGY INC /KS 4
4 · WESTAR ENERGY INC /KS · Filed Jan 20, 2012
Insider Transaction Report
Form 4
MOORE WILLIAM B
DirectorPresident and CEO
Transactions
- Gift
Common Stock, par value $5.00
2012-01-20−15,028→ 154,910 total - Award
Common Stock, par value $5.00
2012-01-20+22,204→ 177,114 total - Tax Payment
Common Stock, par value $5.00
2012-01-20$28.91/sh−7,176$207,494→ 169,938 total - Gift
Common Stock, par value $5.00
2012-01-20+15,028→ 193,384 total(indirect: By Trust)
Footnotes (4)
- [F1]Vesting and distribution of 22,204 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]Forfeiture of 7,176 shares for the payment of taxes upon the vesting and distribution of 22,204 performance-based restricted share units granted to the reporting person on 2/24/10 and described in this report.
- [F3]Shares were transferred from the reporting person to a trust for which he is both a co-trustee and a beneficiary.
- [F4]Shares are held in a trust, of which the reporting person is both a co-trustee and beneficiary of the trust.