CMS ENERGY CORP 4
4 · CMS ENERGY CORP · Filed Jun 6, 2005
Insider Transaction Report
Form 4
WHIPPLE KENNETH
DirectorOther
Transactions
- Exercise/Conversion
Phantom Stock Units (Salary)
2005-06-02$7.92/sh−12,875$101,970→ 134,950 totalExercise: $13.58From: 2005-06-02Exp: 2005-06-02→ Common Stock (12,875 underlying)
Holdings
- 3,156
Common Stock
- 48,104(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Mr. Whipples phantom stock units were granted on June 1, 2003, pursuant to a deterred salary provision in his employment agreement with CMS Energy Corporation, at the then-current market price of $7.92, and have been settled in cash on the second anniversary of the deemed acquisition date at a current market price of $13.58 per unit.