4//SEC Filing
VECTREN CORP 4
Accession 0001562180-16-001202
CIK 0001096385operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 1:49 PM ET
Size
6.2 KB
Accession
0001562180-16-001202
Insider Transaction Report
Form 4
VECTREN CORPVVC
ENGELBRECHT JOHN D
Director
Transactions
- Award
Phantom Stock
2016-01-01+2,144→ 2,144 totalExercise: $0.00→ Common Stock (2,144 underlying)
Footnotes (1)
- [F1]The stock unit award was granted pursuant to the Vectren Corporation At Risk Compensation Plan (Plan) and is subject to all of the terms, provisions and conditions of the Plan. The lifting of restrictions and forfeiture provisions are dependent upon continued service by the grantee until January 1, 2017. Upon the lifting of restrictions, grantee shall be paid for each stock unit award, in cash, the fair market value of one share of common stock on the date restrictions lapse, provided grantee is in compliance with the share ownership guidelines established by the board of directors. If grantee is not in compliance with the share ownership guidelines, the value of each stock unit award shall be paid in unrestricted Vectren common stock. If the service of the grantee ends at or before the annual shareholder meeting, the award will vest at that time and will be prorated based upon the number of days served. The board of directors approved the acquisition in accordance with Rule 16b-3.
Documents
Issuer
VECTREN CORP
CIK 0001096385
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0001096385
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 1:49 PM ET
- Size
- 6.2 KB