SEC Form 4 · accession 0001181431-15-001247
American Water Works Company, Inc. · AWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter Lynch
Officer — President,Regulated Operations
Period of report
Jan 16, 2015
Accepted (ET)
Jan 21, 2015 · 3:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410636
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 16, 2015 | M | 8,891 | $0.00 | A | 66,547 | D | |
| Common Stock | Jan 16, 2015 | A | 10,010 | $0.00 | A | 76,557 | D | |
| Common Stock | Jan 16, 2015 | F | 7,444 | $55.71 | D | 69,113 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF2,F1,F4 | — | Jan 16, 2015 | A | 3,811 | A | — | Dec 31, 2014 | Common Stock | 3,811 | 8,891 | D |
| Performance Stock UnitsF3,F1,F4 | — | Jan 16, 2015 | M | 8,891 | D | — | Dec 31, 2014 | Common Stock | 8,891 | 0 | D |
Explanation of responses
- F1Each performance stock unit represented a contingent right to receive one share of common stock of American Water Works Company, Inc. (the "Company"), based on the Company's annual total stockholder return ("TSR") relative to the performance of the other companies in the Dow Jones U.S. Utility Total Return Index over a three-year performance period, beginning on January 1, 2012 and ending December 31, 2014.
- F2Represents the above-target earned portion of the TSR performance stock unit. In 2012, the Company granted 5,080 performance stock units, equal to the number of shares to be received if target performance was achieved.
- F3Represents the earned portion of the TSR performance stock units, including target units granted in 2012 and above-target units earned based on TSR performance. The number of TSR performance stock units earned was 175 percent of the target.
- F4Represents the end of the performance period to which the performance stock units relate.