4//SEC Filing
FPL GROUP INC 4
Accession 0001316454-05-000010
$NEECIK 0000753308operating
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 9:50 PM ET
Size
12.4 KB
Accession
0001316454-05-000010
Insider Transaction Report
Form 4
Escoto Robert H
VP of Human ResourcesOther
Transactions
- Award
Common Stock
2005-02-17+3,500→ 8,066 total - Award
Phantom Shares
2005-02-17+13→ 21 total→ Common Stock
Holdings
- 5,000
Employee Stock Option (Right to Buy)
→ Common Stock - 1,989(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Restricted stock grant made pursuant to the Amended and Restated Long Term Incentive Plan of the Issuer, exempt under Rule 16b-3.
- [F2]Not applicable.
- [F3]Phantom shares credited to a Supplemental Matching Contribution Account for the reporting person pursuant to the FPL Group, Inc. Supplemental Executive Retirement Plan. Phantom shares represent the number of phantom shares of FPL Group, Inc. common stock credited to the reporting person if the phantom shares had been invested in FPL Group's company stock fund in its Thrift Plan during fiscal year 2004 based on share prices ranging from $60.97 to $75.95. Amount shown constitutes the difference between the balance at 12/31/04 and the balance at 12/31/03. Includes cash dividends that would be payable on the phantom shares if the reporting person was the record holder of the number of shares of FPL Group, Inc. common stock equal to the phantom shares. Shares of phantom stock are payable in cash following the reporting person's termination of employment with FPL Group, Inc. This filing is not an admission that the phantom shares are derivative securities.
- [F4]On March 4, 2002, the reporting person was granted an option to purchase 5,000 shares of FPL Group, Inc. common stock with an exercise price of $54.61 per share. The option (i) vests on March 4, 2005 and (ii) expires March 4, 2012.
- [F5]The reporting person directly beneficially owns unexercised options to purchase 5,000 shares of FPL Group, Inc. common stock with an exercise price of $55.12 per share. Such options (i) were granted on February 13, 2003, (ii) vested as to 2,500 shares on February 13, 2005 and will vest as to the remaining 2,500 shares on February 13, 2006, and (iii) expire on February 13, 2013.
Documents
Issuer
FPL GROUP INC
CIK 0000753308
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000753308
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 9:50 PM ET
- Size
- 12.4 KB