Escoto Robert H 4
4 · FPL GROUP INC · Filed Jun 16, 2006
Insider Transaction Report
Form 4
Escoto Robert H
VP of Human ResourcesOther
Transactions
- Exercise/Conversion
Common Stock
2006-06-15$27.31/sh+10,000$273,100→ 35,569 total - Sale
Common Stock
2006-06-15$40.96/sh−2,600$106,496→ 37,203 total - Sale
Common Stock
2006-06-15$41.03/sh−2,665$109,345→ 23,238 total - Sale
Common Stock
2006-06-15$40.99/sh−400$16,396→ 32,403 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2006-06-15−10,000→ 0 totalExercise: $27.31Exp: 2012-03-04→ Common Stock (10,000 underlying) - Sale
Common Stock
2006-06-15$40.98/sh−800$32,784→ 32,803 total - Sale
Common Stock
2006-06-15$40.97/sh−3,600$147,492→ 33,603 total - Sale
Common Stock
2006-06-15$40.95/sh−5,766$236,118→ 39,803 total - Sale
Common Stock
2006-06-15$41.00/sh−6,500$266,500→ 25,903 total
Holdings
- 12,500
Employee Stock Option (Right to Buy)
Exercise: $41.76Exp: 2016-02-16→ Common Stock (12,500 underlying) - 4,508(indirect: By Trust)
Common Stock
- 126
Phantom Shares
→ Common Stock
Footnotes (6)
- [F1]Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2006.
- [F2]As of June 14, 2006
- [F3]Phantom shares are annually credited to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the FPL Group, Inc. Supplemental Executive Retirement Plan in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Thrift Plan ("Thrift Plan") plus (b) theoretical earnings, by (c) the closing price of the Issuer's common stock on the last business day of the relevant year ($41.56 in 2005). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
- [F4]Options are currently exercisable.
- [F5]Not applicable.
- [F6]Options to buy 4,167 shares become exercisable on each of 02/16/2007 and 02/16/2008 and options to buy 4,166 shares become exercisable on 02/16/2009.