SEC Form 4 · accession 0001127602-18-020048
GREAT PLAINS ENERGY INC · GXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sandra J Price
Director
Period of report
Jun 4, 2018
Accepted (ET)
Jun 5, 2018 · 5:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001143068
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Deferred Share UnitsF2,F1 | — | Jun 4, 2018 | D | 8,037 | D | — | — | Common Stock | 8,037 | 0 | D |
Explanation of responses
- F1Director Deferred Share units are granted under the Long-Term Incentive Plan. Each unit represents the right to receive one share of Great Plains Energy Incorporated ("Great Plains Energy") Common Stock, plus stock reflecting reinvested dividends. Units are converted to stock and distributed following termination of service on the Board pursuant to elections made by the reporting person.
- F2The Great Plains Energy Director Deferred Share units were exchanged for Evergy, Inc. ("Evergy") (formerly Monarch Energy Holding, Inc.) Director Deferred Share units pursuant to the Amended and Restated Agreement and Plan of Merger dated as of July 9, 2017 by and among Great Plains Energy, Westar Energy, Inc., Evergy, King Energy, Inc., and for certain limited purposes, GP Star, Inc. at an exchange ratio of 0.5981 for each Great Plains Energy share. On the effective date of the merger, the closing price of Great Plains Energy's common stock was $31.99 per share, and Evergy's common stock had not yet commenced trading on the New York Stock Exchange.