SEC Form 4 · accession 0001140361-15-014351
DYNEGY INC. · DYN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Clinton Walden
Officer — VP and Chief Accounting Office
Period of report
Apr 2, 2015
Accepted (ET)
Apr 3, 2015 · 3:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001379895
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Apr 2, 2015 | M | 3,250 | — | A | 14,443 | D | |
| Common StockF1 | Apr 2, 2015 | D | 3,250 | $31.29 | D | 11,193 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2 | — | Apr 2, 2015 | M | 3,250 | A | — | — | Common Stock | 3,250 | 0 | D |
Explanation of responses
- F1Amount includes 613 restricted stock units that vest on October 29, 2015, 1,506 restricted stock units that vest on March 18, 2016, 2,316 restricted stock units that vest in two annual equal installments beginning on March 3, 2016 and 2,891 restricted stock units that vest in three annual equal installments beginning on March 3, 2016.
- F2Each unit of phantom stock is the economic equivalent of one share of common stock. The units of phantom stock become payable in cash within 30 days after the vesting date, April 2, 2015. On April 2, 2015, 3,250 phantom stock units vested and were settled in cash based upon the closing stock price of $31.29 on April 2, 2015.