4//SEC Filing
TECO ENERGY INC 4
Accession 0001404409-16-000115
CIK 0000350563operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 4:15 PM ET
Size
7.6 KB
Accession
0001404409-16-000115
Insider Transaction Report
Form 4
Penn Loretta A
Director
Transactions
- Disposition to Issuer
Common Stock
2016-07-01$27.55/sh−31,546$869,092→ 0 total - Disposition to Issuer
Restricted Stock Units
2016-07-01−2,885→ 0 total→ Common Stock (2,885 underlying)
Footnotes (2)
- [F1]Reflects the disposition of shares and restricted shares pursuant to the Agreement and Plan of Merger by and among TECO Energy, Inc., Emera Inc. and Emera US Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, as of the effective date of the merger (July 1, 2016), the outstanding shares of TECO common stock were cancelled and converted automatically into the right to receive (without interest, and less any applicable holdings) $27.55 in cash per share (the "Per-Share Merger Consideration".)
- [F2]Reflects the disposition of Restricted Stock Units pursuant to the Merger Agreement. Pursuant to the Merger Agreement, as of the effective date of the merger, the Restricted Stock Units vested and were cancelled and converted into the right to receive a lump-sum cash payment (paid as promptly as practicable following the effective date of the merger) equal to the Per-Share Merger Consideration (plus any accrued dividends).
Documents
Issuer
TECO ENERGY INC
CIK 0000350563
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000350563
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 4:15 PM ET
- Size
- 7.6 KB