4//SEC Filing
PEPCO HOLDINGS INC 4
Accession 0001415889-16-004253
CIK 0001135971operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:34 PM ET
Size
10.1 KB
Accession
0001415889-16-004253
Insider Transaction Report
Form 4
CLARK RONALD K
Vice President & Controller
Transactions
- Award
Common Stock
2015-12-31+12,342→ 67,537.457 total - Tax Payment
Common Stock
2015-12-31$26.09/sh−5,472$142,792→ 62,065.457 total - Award
Common Stock
2016-01-01+2,898→ 64,963.457 total
Holdings
- 3,576.791(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Represents shares vested, including dividend equivalents, pursuant to a performance-based award of restricted stock units (RSUs) granted in January 2013 under the Pepco Holdings, Inc. (PHI) Long-Term Incentive Plan. This award vested on December 31, 2015. RSUs are settled solely by delivery of one share of PHI common stock per RSU (and may not be settled in cash).
- [F2]Includes RSUs awarded under the PHI 2012 Long-Term Incentive Plan which may be settled solely by delivery of one share of PHI common stock per RSU (and may not be settled in cash), including pursuant to the crediting of dividend equivalents, held by the reporting person as of the date of this report.
- [F3]Shares represent restricted stock units (RSUs), including dividend equivalents, awarded on January 1, 2016 under the Pepco Holdings, Inc. (PHI) 2012 Long-Term Incentive Plan (LTIP) which may be settled solely by delivery of one share of PHI common stock per RSU (and may not be settled in cash). This award is subject to forfeiture if the employment of the executive terminates before January 1, 2019, except as otherwise provided under the terms of the LTIP and the RSU award agreement. When a dividend is paid on the PHI common stock, the RSU balance will be credited with additional RSUs equal to the per share amount of the dividend multiplied by the number of RSUs divided by the market price of the common stock on the trading day immediately prior to the dividend payment date. Dividend credits will vest only to the extent the related RSUs vest.
- [F4]Includes RSUs (described generically in footnote 3), including pursuant to the crediting of dividend equivalents, held by the reporting person as of the date of this report.
Documents
Issuer
PEPCO HOLDINGS INC
CIK 0001135971
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001135971
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:34 PM ET
- Size
- 10.1 KB