4//SEC Filing
FPL GROUP INC 4
Accession 0001316454-05-000012
$NEECIK 0000753308operating
Filed
May 1, 8:00 PM ET
Accepted
May 2, 8:48 PM ET
Size
18.6 KB
Accession
0001316454-05-000012
Insider Transaction Report
Form 4
Escoto Robert H
VP of Human ResourcesOther
Transactions
- Tax Payment
Common Stock
2005-05-01$40.87/sh−177$7,234→ 15,955 total
Holdings
- 10,000
Employee Stock Option (Right to Buy)
→ Common Stock - 4,057(indirect: By Trust)
Common Stock
- 42
Phantom Shares
→ Common Stock
Footnotes (10)
- [F1]Restricted stock withheld by Issuer to satisfy tax withholding obligation on vesting of restricted stock which was granted on May 1, 2004.
- [F10]These options were previously reported as covering 5,000 shares of FPL Group, Inc. common stock at an exercise price of $55.12 per share, but were adjusted to reflect the Stock Split.
- [F2]On March 15, 2005, FPL Group, Inc.'s common stock split 2-for-1 (the Stock Split), resulting in the reporting person's acquisition of 8,066 additional shares of FPL Group, Inc. common stock.
- [F3]Information as of April 29, 2005.
- [F4]This number was previously reported as 1,989 shares of FPL Group, Inc. common stock, but was adjusted to reflect the Stock Split.
- [F5]Phantom Shares previously 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 to date. Includes an annual credit for cash dividends that would be payable to the record holder of a number of shares of FPL Group, Inc. common stock equal to the Phantom Shares on a market value basis. 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.
- [F6]This number was previously reported as 21 Phantom Shares, but was adjusted to reflect the Stock Split.
- [F7]The reporting person directly beneficially owns unexercised options to purchase 10,000 shares of FPL Group, Inc. common stock with an exercise price of $27.305 per share. Such options (i) were granted on March 4, 2002, (ii) are fully vested, and (iii) expire on March 4, 2012.
- [F8]These options were previously reported as covering 5,000 shares of FPL Group, Inc. common stock at an exercise price of $54.61 per share, but were adjusted to reflect the Stock Split.
- [F9]The reporting person directly beneficially owns unexercised options to purchase 10,000 shares of FPL Group, Inc. common stock with an exercise price of $27.56 per share. Such options (i) were granted on February 13, 2003, (ii) vested as to 5,000 shares on February 13, 2005 and will vest as to the remaining 5,000 shares on February 13, 2006, and (iii) expire on February 13, 2013.
Issuer
FPL GROUP INC
CIK 0000753308
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000753308
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 8:48 PM ET
- Size
- 18.6 KB