WESTAR ENERGY INC /KS 4
4 · WESTAR ENERGY INC /KS · Filed Jan 15, 2016
Insider Transaction Report
Form 4
AKIN BRUCE A
SVP, Power Delivery
Transactions
- Tax Payment
Common Stock Par Value $5.00
2016-01-14$42.62/sh−2,480$105,704→ 37,000 total - Award
Common Stock Par Value $5.00
2016-01-14+7,784→ 39,480 total
Footnotes (3)
- [F1]Vesting of 7,784 performance-based restricted share units that were granted on February 28, 2013, with a vesting date of January 1, 2016. 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 14, 2016.
- [F2]Includes 7,890 restricted share units that are subject to forfeiture.
- [F3]Forfeiture of 2,480 shares for the payment of taxes upon the vesting of 7,784 performance-based restricted share units granted on 2/28/13.