SMITH MICHAEL L 4
4 · VECTREN CORP · Filed Feb 1, 2019
Insider Transaction Report
Form 4
VECTREN CORPVVC
SMITH MICHAEL L
Director
Transactions
- Exercise/Conversion
Common Stock
2019-02-01+126.174→ 126.174 total - Exercise/Conversion
Phantom Stock
2019-02-01−126.174→ 0 totalExercise: $0.00→ Common Stock (126.174 underlying) - Disposition to Issuer
Common Stock
2019-02-01−126.174→ 0 total - Disposition to Issuer
Phantom Stock
2019-02-01−16,921.388→ 0 totalExercise: $0.00→ Common Stock (16,921.388 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger by and among Vectren Corporation, CenterPoint Energy, Inc., and Pacer Merger Sub, Inc. dated April 21, 2018 (the 'Merger Agreement'), represents stock units granted effective January 1, 2019 subject to one-year time vesting, which have been pro-rated through the Effective Time. Each stock unit was cancelled and converted into the right to receive $72.00 in cash at the Effective Time. The time when Pacer Merger Sub, Inc. effectively merged with and into Vectren Corporation is referred to as the 'Effective Time.'
- [F2]Represents the cancellation and conversion of the stock units noted in footnote (1) into the right to receive $72.00 in cash at the Effective Time pursuant to the terms of the Merger Agreement.
- [F3]Represents phantom stock units held in a book-entry under the non-qualified deferred compensation plan. Each phantom stock unit was deemed to be cancelled and converted into the right to receive $72.00 in cash at the Effective Time pursuant to the terms of the Merger Agreement.