CMS ENERGY CORP 4
4 · CMS ENERGY CORP · Filed May 20, 2008
Insider Transaction Report
Form 4
Ayres Merribel S
Director
Transactions
- Award
Common Stock
2008-05-16$15.23/sh+2,955$45,005→ 15,585 total
Footnotes (2)
- [F1]Grant of CMS Common Stock to each non-employee member of the Board of Directors pursuant to the Corporation's Performance Incentive Stock Plan, and subject to a three-year "cliff" vesting schedule.
- [F2]Total holdings reflect an adjustment of 208 shares of CMS Common Stock purchased by the Corporation on my behalf as a result of my participation in the Corporation's dividend reinvestment plan.