4//SEC Filing
CLECO CORP 4
Accession 0001239012-07-000004
CIK 0001089819operating
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 12:51 PM ET
Size
7.2 KB
Accession
0001239012-07-000004
Insider Transaction Report
Form 4
CLECO CORPCNL
CARTER STEPHEN M
Vice President
Transactions
- Award
Common Stock, $1 par
2007-01-26+1,756→ 15,580.069 total - Award
Common Stock, $1 par
2007-01-26+871→ 13,824.069 total
Footnotes (2)
- [F1]Shares acquired under the Company's 2000 Long-Term Incentive Compensation Plan as the result of the Company's above-target performance during the three-year period ending December 31, 2006.
- [F2]Performance shares granted under the Company's 2000 Long-Term Incentive Compensation Plan. Shares are subject to forfeiture, in whole or in part, based on the Company's performance during a three-year period beginning January 1, 2007 and ending December 31, 2009. For the 2007 - 2009 performance cycle, the Compensation Committee has established total shareholder return (defined as the Company's common stock price appreciation plus dividends paid during the performance cycle) compared to the S&P Small and MidCap Electric Utilities Index as the performance goal. Dividends will be accrued quarterly during the performance cycle, are subject to forfeiture in whole or in part, and will be paid only after the final determination of performance and in proportion to the target shares.
Documents
Issuer
CLECO CORP
CIK 0001089819
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0001089819
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 12:51 PM ET
- Size
- 7.2 KB