TECO ENERGY INC 4
4 · TECO ENERGY INC · Filed May 6, 2016
Insider Transaction Report
Form 4
Penn Loretta A
Director
Transactions
- Award
Restricted Stock Units
2016-05-04+2,885→ 2,885 total→ Common Stock (2,885 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of TECO Energy, Inc. common stock or the cash value thereof.
- [F2]The restricted stock units vest on May 4, 2017, one year from the date of grant, or upon the closing of the transaction contemplated by the Agreement and Plan of Merger by and among TECO Energy, Inc., Emera Inc., and Emera US Inc. as of Sept 4, 2015.