SEC Form 4 · accession 0000899243-16-011188
UIL HOLDINGS CORP · UIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F Murdy
Director
Period of report
Dec 16, 2015
Accepted (ET)
Jan 6, 2016 · 7:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082510
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 16, 2015 | D | 6,000 | $0.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F2 | — | Dec 16, 2015 | D | 47,558 | D | — | — | Common Stock | 47,558 | 0 | D |
| Phantom Stock UnitsF5,F4 | — | Dec 16, 2015 | D | 36,744 | D | — | — | Common Stock | 36,744 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to the merger of UIL Holdings Corporation (UIL) and Avangrid, Inc. (AGR) in exchange for a like number of shares of common stock of AGR plus $10.50 per share.
- F2Restricted Stock Units represent restricted shares granted to the recipient and deferred under UIL's Deferred Compensation Plan (DCP). Payment of the restricted stock underlying the restricted stock unit is made at the time elected by the recipient pursuant to the terms and provisions of the DCP.
- F3Each share disposed of pursuant to the merger of UIL and AGR in exchange for 1.28059748557929000 Restricted Stock Units of AGR.
- F4Phantom Stock Units represent directors' fees paid in shares of UIL Common Stock and deferred under UIL's Non-Employee Directors Common Stock and Deferred Compensation Plan (Plan). Payment of the phantom stock underlying the phantom stock unit is made at the time elected by the recipient pursuant to the terms and provisions of the Plan.
- F5Each share disposed of pursuant to the merger of UIL and AGR in exchange for cash in the amount of $51.525 per phantom stock unit.