CMS ENERGY CORP 4
4 · CMS ENERGY CORP · Filed May 4, 2006
Insider Transaction Report
Form 4
WHIPPLE KENNETH
DirectorOther
Transactions
- Exercise/Conversion
Phantom Stock Units (Salary)
2006-05-02$8.31/sh−8,348$69,372→ 30,555 totalExercise: $13.29From: 2006-05-02Exp: 2006-05-02→ Common Stock (8,348 underlying)
Holdings
- 58,804(indirect: By Trust)
Common Stock
- 3,156
Common Stock
Footnotes (1)
- [F1]Mr. Whipples phantom stock unis were granted May 1, 2004, pursuant to a deferred salary provision in his employment agreement with CMS Energy Corporation, at the then-current market price of $8.31 per unit, and have been settled in cash on the second anniversary of the deemed acquisition date at a current market price of $13.29 per unit.