Home/Filings/4/0001383955-09-000002
4//SEC Filing

Davidson F Mitchell 4

Accession 0001383955-09-000002

CIK 0000753308other

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 5:55 PM ET

Size

22.6 KB

Accession

0001383955-09-000002

Insider Transaction Report

Form 4
Period: 2009-02-13
Transactions
  • Award

    Common Stock

    2009-02-13+3,95247,230 total
  • Tax Payment

    Common Stock

    2009-02-13$50.91/sh1,045$53,20146,185 total
  • Award

    Common Stock

    2009-02-13+5,47551,660 total
  • Tax Payment

    Common Stock

    2009-02-13$50.91/sh1,448$73,71850,212 total
  • Award

    Phantom Shares

    2009-02-13+5441,550 total
    Common Stock
  • Award

    Common Stock

    2009-02-13+12,21143,278 total
  • Tax Payment

    Common Stock

    2009-02-17$50.91/sh2,321$118,16247,891 total
  • Award

    Employee Stock Option (Right to Buy)

    2009-02-13+43,13643,136 total
    Exercise: $50.91Exp: 2019-02-13Common Stock (43,136 underlying)
Holdings
  • Employee Stock Option (Right to Buy)

    Exercise: $59.05Exp: 2017-02-15Common Stock (18,627 underlying)
    18,627
  • Common Stock

    (indirect: By Trust)
    639
  • Employee Stock Option (Right to Buy)

    Exercise: $64.69Exp: 2018-02-15Common Stock (28,340 underlying)
    28,340
Footnotes (11)
  • [F1]Restricted stock grant made pursuant to Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
  • [F10]Options to buy 14,378 shares become exercisable on 02/15/2010 and options to buy 14,379 shares become exercisable on each of 02/15/2011 and 02/15/2012.
  • [F11]Not applicable.
  • [F2]Shares acquired in settlement of performance share awards (which were not derivative securities) under Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
  • [F3]Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired 02/13/2009 in settlement of performance share awards.
  • [F4]Stock grant made pursuant to Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
  • [F5]Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired February 13, 2009 as set forth in footnote 4 above.
  • [F6]Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 20, 2006, February 15, 2007 and February 15, 2008.
  • [F7]Annual credit of phantom shares to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the FPL Group, Inc. Supplemental Executive Retirement Plan ("SERP") 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 ($50.33 in 2008). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
  • [F8]Options to buy 12,418 shares are currently exercisable and options to buy 6,209 shares become exercisable on 2/15/2010.
  • [F9]Options to buy 9,446 are currently exercisable and options to buy 9,447 shares become exercisable on each of 02/15/2010 and 02/15/2011.

Issuer

FPL GROUP INC

CIK 0000753308

Entity typeother

Related Parties

1
  • filerCIK 0001383955

Filing Metadata

Form type
4
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 5:55 PM ET
Size
22.6 KB