SEC Form 4 · accession 0001140361-16-053855
Cleco Corporate Holdings LLC · CNL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Walker Jr.
Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 12:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001089819
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $1.00 parF1 | holding | — | — | — | 61,064 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F2 | — | Feb 16, 2016 | A | 362 | A | — | — | Common Stock, $1.00 par | 362 | 50,154 | D |
Explanation of responses
- F1Includes 21.945 shares acquired on November 20, 2015 through the Cleco Corporation Dividend Reinvestment Plan.
- F2The shares of phantom stock relate to dividend reinvestment on shares of phantom stock pursuant to the terms and provisions of the Cleco Corporation Deferred Compensation Plan (the "Plan"). The reporting person has elected to defer receipt of these shares under the plan. Each share of phantom stock is the economic equivalent of one share of Cleco Corporation common stock.
- F3Includes 16,060 shares of phantom stock (not subject to restrictions) related to dividend reinvestment on shares of phantom stock pursuant to the terms and provisions of the Plan. Includes (a) 1,898 shares of phantom stock subject to restrictions that lapse on January 28, 2017; (b) 1,717 shares of phantom stock subject to restrictions that lapse on January 27, 2018 and (c) 1,596 shares of phantom stock subject to restrictions that lapse on January 24, 2019.