BRIDSON JOHN T 4
4 · WESTAR ENERGY INC /KS · Filed Jan 18, 2018
Insider Transaction Report
Form 4
BRIDSON JOHN T
SVP, Generation and Marketing
Transactions
- Tax Payment
Common Stock Par Value $5.00
2018-01-18$52.83/sh−1,246$65,820→ 9,611 total - Gift
Common Stock Par Value $5.00
2018-01-18−2,996→ 6,615 total - Gift
Common Stock Par Value $5.00
2018-01-18+2,996→ 30,733 total(indirect: By Trust) - Award
Common Stock Par Value $5.00
2018-01-18+4,242→ 10,857 total
Footnotes (5)
- [F1]Vesting of 4,242 performance-based restricted share units that were granted on February 25, 2015, with a vesting date of January 1, 2018. 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 18, 2018.
- [F2]Includes 6,615 restricted share units that are subject to forfeiture.
- [F3]Forfeiture of 1,246 shares for the payment of taxes upon the vesting of 4,242 performance-based restricted share units granted on 2/25/15.
- [F4]Shares were transferred from the reporting person to the reporting person's trust, for which he and his spouse serve as co-trustees and beneficiaries.
- [F5]Shares are held in the reporting person's trust, for which he and his spouse are co-trustees and beneficiaries.