CMS ENERGY CORP 4
4 · CMS ENERGY CORP · Filed Mar 26, 2007
Insider Transaction Report
Form 4
HOLTON EARL D
Director
Transactions
- Other
PSU-Director Deferred Comp
2006-04-01$12.94/sh+437$5,655→ 18,977 total(indirect: Phantom Stock Units held in the Directors' Deferred Compensation Plan)→ Common Stock (437 underlying)
Holdings
- 16,450
Common Stock
- 1,445(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]These units are considered phantom stock held pursuant to the Directors' Deferred Compensation Plan of CMS Energy and were acquired on various dates during the second quarter of 2006 at prices ranging from $12.90 to $13.29 per share ($12.94 was the price per share at the end of the quarter). Such deferred income will be paid in cash in five annual installments commencing in the January following Mr. Holton's termination of service on the Board, based on the price of the CMS Common Stock at those times.
- [F2]Mr. Holton's acquisition of phantom stock units in the Directors' Deferred Compensation Plan for the second quarter of 2006 was inadvertently not reported. This form corrects that error.
- [F3]See footnote 1.
- [F4]See footnote 1.
- [F5]See footnote 1.