SEMCO ENERGY INC 4

4 · SEMCO ENERGY INC · Filed Mar 17, 2006

Form 4

Period: 2006-03-15

Sr. Vice Pres. & Gen. Counsel

Transactions

Small Acquisition
Common Stock
2006-02-03$5.73/sh+34.904$200→ 197.921 total
Small Acquisition
Common Stock
2006-01-13$5.84/sh+34.227$200→ 163.017 total
Small Acquisition
Common Stock
2006-03-10$5.36/sh+37.29$200→ 235.211 total
Award
Non-Qualified Stock Option (right to buy)
2006-03-15+15,329→ 15,329 total
Exercise: $5.39Exp: 2016-03-15→ Common Stock (15,329 underlying)

Holdings

Common Stock
(indirect: By 401(k))
1,872.257
Non-Qualified Stock Option (right to buy)
Exercise: $6.15Exp: 2015-03-07→ Common Stock (8,542 underlying)
8,542
Restricted Stock Units
→ Common Stock (10,000 underlying)
10,000
Non-Qualified Stock Option (right to buy)
Exercise: $5.27Exp: 2014-10-28→ Common Stock (30,000 underlying)
30,000

Footnotes (5)

[F1]The option vests 33% on March 15, 2007, 33% on March 15, 2008 and 34% on March 15, 2009.
[F2]The option vests in three equal annual installments beginning on September 20, 2005.
[F3]The option vests in three approximately equal annual installments beginning on March 7, 2006.
[F4]Each restricted stock unit represents a contingent right to receive one share of SEMCO Energy, Inc. common stock.
[F5]The restricted stock units vest as follows: 5,000 units on September 20, 2005, 2,500 units on March 31, 2006, and 2,500 units on March 31, 2007. A number of shares of SEMCO Energy, Inc. stock equal to the number of vested restricted stock units shall be paid to the reporting person on June 1, 2007.

Documents

1 file