SEC Form 4 · accession 0001209191-15-027109
AGL RESOURCES INC · GAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Somerhalder II
Officer — Chairman, President and CEO · Director
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 4:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001004155
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Mar 16, 2015 | S | 5,000 | $48.0683 | D | 54,711 | I | By the John W. Somerhalder II Rev Trust uad 4/6/09 |
| Common StockF1 | holding | — | — | — | 111,391 | D | ||
| Common StockF4 | holding | — | — | — | 9,589 | I | by 401(k) | |
| Common StockF4 | holding | — | — | — | 45,218 | I | by Non-Qualified Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Equivalent Units (CSEs)F5,F6 | $0.00 | Mar 13, 2015 | A | 57 | A | — | — | Common Stock | 57 | 50,399 | D |
Explanation of responses
- F1Includes 82.033 shares and 537.577 allocated to the reporting person's account on March 2, 2015 pursuant to a dividend reinvestment feature of the AGL Resources Inc. Direct Stock Purchase and Dividend Reinvestment Plan. Also includes 164.317 shares allocated to the reporting person's account on March 2, 2015 under the AGL Resources Inc. Employee Stock Purchase Plan.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 8, 2014.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.00 to $48.13, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4Information as of statement dated December 31, 2014.
- F5Immediately.
- F6The units are to be settled in cash upon the reporting person's termination of employment based on the fair market value of the Company's common stock as of the date of valuation. The reporting person may transfer the value of his common stock equivalent units into an alternative investment account at any time prior to settlement.