4//SEC Filing
Poppell James W 4
Accession 0001449779-09-000002
CIK 0000753308other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 5:31 PM ET
Size
19.7 KB
Accession
0001449779-09-000002
Insider Transaction Report
Form 4
Poppell James W
Ex VP, Human ResourcesOther
Transactions
- Tax Payment
Common Stock
2009-02-17$50.91/sh−361$18,379→ 8,832 total - Award
Phantom Shares
2009-02-13+66→ 166 total→ Common Stock - Tax Payment
Common Stock
2009-02-13$50.91/sh−185$9,418→ 8,486 total - Tax Payment
Common Stock
2009-02-13$50.91/sh−254$12,931→ 9,193 total - Award
Employee Stock Option (Right to Buy)
2009-02-13+9,260→ 9,260 totalExercise: $50.91Exp: 2019-02-13→ Common Stock (9,260 underlying) - Award
Common Stock
2009-02-13+4,938→ 8,091 total - Award
Common Stock
2009-02-13+580→ 8,671 total - Award
Common Stock
2009-02-13+961→ 9,447 total
Holdings
- 1,772(indirect: By Trust)
Common Stock
Footnotes (9)
- [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 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 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 3,086 shares become exercisable on 02/15/2010 and options to buy 3,087 shares become exercisable on each of 02/15/2011 and 02/15/2012.
- [F9]Not applicable.
Documents
Issuer
FPL GROUP INC
CIK 0000753308
Entity typeother
Related Parties
1- filerCIK 0001449779
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 5:31 PM ET
- Size
- 19.7 KB