SEC Form 4 · accession 0001209191-16-093469
American Water Works Company, Inc. · AWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Chesla
Officer — Vice President & Controller
Period of report
Jan 22, 2016
Accepted (ET)
Jan 25, 2016 · 7:36 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 22, 2016 | M | 1,745 | $0.00 | A | 16,414 | D | |
| Common Stock | Jan 22, 2016 | A | 1,426 | $0.00 | A | 17,840 | D | |
| Common Stock | Jan 22, 2016 | F | 1,154 | $62.44 | D | 16,686 | 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,F3 | — | Jan 22, 2016 | A | 748 | A | — | Dec 31, 2015 | Common Stock | 748 | 1,745 | D |
| Performance Stock UnitsF4,F1,F3 | — | Jan 22, 2016 | M | 1,745 | D | — | Dec 31, 2015 | Common Stock | 1,745 | 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 relative total stockholder return over a three-year performance period, beginning on January 1, 2013 and ending December 31, 2015.
- F2Represents the above-target earned portion of the TSR performance stock unit. In 2013, the Company granted 997 performance stock units, equal to the number of shares to be received if target performance was achieved.
- F3Represents the end of the performance period to which the performance stock units relate.
- F4Represents the earned portion of the TSR performance stock units, including target units granted in 2013 and above-target units earned based on TSR performance. The number of TSR performance stock units earned was 175 percent of the target.