CMS ENERGY CORP 4
4 · CMS ENERGY CORP · Filed Jul 6, 2005
Insider Transaction Report
Form 4
WHIPPLE KENNETH
DirectorOther
Transactions
- Exercise/Conversion
Phantom Stock Units (Salary)
2005-07-05$8.10/sh−12,597$102,036→ 122,353 totalExercise: $15.16From: 2005-07-05Exp: 2005-07-05→ Common Stock (12,597 underlying)
Footnotes (1)
- [F1]Mr. Whipples phantom stock units were granted on July 1, 2003, pursuant to a deferred salary provision in his employment agreement with CMS Energy Corporation, at the then-current market price of $8.10, and have been settled in cash on the second anniversary of the deemed acquisition date at a current market price of $15.16 per unit.