SEC Form 4 · accession 0001562180-17-000870
VECTREN CORP · VVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl L Chapman
Officer — Chairman, President & CEO
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 10:43 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001096385
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 StockF2 | $0.00 | Feb 21, 2017 | J | 52,969 | A | — | — | Common Stock | 52,969 | 111,069 | D |
Explanation of responses
- F1This represents the effect of the accumulation of dividends and the performance adjustment relating to the January 17, 2014 grant under the Vectren Corporation At Risk Compensation Plan. This grant is exempt under Section 16b-3 and was previously approved by the Board of Directors. This grant is subject to forfeiture as provided under the plan and plan agreement.
- F2The stock unit award was acquired pursuant to the Vectren Corporation At-Risk Compensation Plan and is subject to forfeiture as provided by the plan and the plan agreement. The lifting of restrictions and the forfeitability provisions is dependent upon performance during a measuring period from January 1, 2014 through December 31, 2016 and, subject to certain enumerated circumstances, continued employment until December 31, 2017. The board of directors approved the acquisition in accordance with Rule 16b-3(d).