SEC Form 4 · accession 0001140361-15-036778
UIL HOLDINGS CORP · UIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suedeen G Kelly
Director
Period of report
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 11:42 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082510
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F2 | $49.205 | Oct 1, 2015 | A | 21 | A | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 21 | 2,358 | D |
| Restricted Stock UnitsF3 | $49.205 | Oct 1, 2015 | A | 75 | A | May 15, 2012 | May 15, 2013 | Common Stock | 75 | 8,587 | D |
Explanation of responses
- F1As a result of a timely deferral election, payment of a cash fee for service as a non-employee director has been deferred and is deemed to be invested in phantom stock units pursuant to the terms of the UIL Holdings Corporation Non-Employee Directors Common Stock and Deferred Compensation Plan. Phantom Stock Units are credited quarterly with dividend equivalents and are paid in the form of the Issuer's Common Stock upon distribution.
- F2The Staff has designated "08/08/1988" as a dummy date for this specific purpose.
- F3Dividend equivalent as with respect to restricted stock units deferred pursuant to UIL Holdings Corporation 2008 Stock and Incentive Compensation Plan terms for Non-Employee Directors. Restricted Stock Units are credited in the form of additional restricted stock units. Generally, restricted stock units credited under the Plan are payable in shares of common stock upon termination of service as a director.