4//SEC Filing
Bennett Christopher A 4
Accession 0001427107-10-000002
CIK 0000753308other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 3:14 PM ET
Size
16.2 KB
Accession
0001427107-10-000002
Insider Transaction Report
Form 4
Bennett Christopher A
Ex VP Chf Strat,Pol & Bus Proc
Transactions
- Tax Payment
Common Stock
2010-02-12$45.57/sh−537$24,471→ 31,987 total - Award
Common Stock
2010-02-12+9,176→ 30,490 total - Award
Common Stock
2010-02-12+2,034→ 32,524 total - Award
Employee Stock Option (Right to Buy)
2010-02-12+35,438→ 35,438 totalExercise: $45.57Exp: 2020-02-12→ Common Stock (35,438 underlying) - Tax Payment
Common Stock
2010-02-15$45.57/sh−1,370$62,431→ 30,617 total - Award
Phantom Shares
2010-02-12+443→ 824 total→ Common Stock
Holdings
- 517(indirect: By Trust)
Common Stock
Footnotes (7)
- [F1]Restricted stock grant made pursuant to Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
- [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 February 12, 2010 in settlement of performance share awards.
- [F4]Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 15, 2008 and February 13, 2009.
- [F5]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 ($52.82 in 2009). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
- [F6]Options to buy 11,812 shares become exercisable on 02/15/2011 and options to buy 11,813 shares become exercisable on each of 02/15/2012 and 02/15/2013.
- [F7]Not applicable
Documents
Issuer
FPL GROUP INC
CIK 0000753308
Entity typeother
Related Parties
1- filerCIK 0001427107
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 3:14 PM ET
- Size
- 16.2 KB