SEC Form 4 · accession 0001209191-16-099662
American Water Works Company, Inc. · AWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark F. Strauss
Officer — SVP,Corp Strategy&Bus. Develop
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 1:35 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 StockF1 | Feb 16, 2016 | A | 673 | $0.00 | A | 31,669 | 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 UnitF2,F3 | — | Feb 16, 2016 | A | 855 | A | — | Dec 31, 2018 | Common Stock | 855 | 855 | D |
| Employee Stock Option (right to buy)F4 | $65.15 | Feb 16, 2016 | A | 6,649 | A | — | Dec 31, 2022 | Common Stock | 6,649 | 6,649 | D |
Explanation of responses
- F1The shares indicated constitute restricted stock units that settle in common stock on a one share per unit basis. The restricted stock units vest in three equal installments on January 1, 2017, 2018 and 2019.
- F2Each performance stock unit represents a contingent right to receive one share of common stock of American Water Works Company, Inc. (the "Company"). The actual number of performance stock units that may be earned will be based on the Company's total stockholder return ("TSR") over a three-year performance period, beginning on January 1, 2016 and ending December 31, 2018. The number of performance stock units shown in column 5 is equal to the target number of performance stock units that may be earned.
- F3Represents the end of the performance period to which the performance stock units relate.
- F4This option vests in three equal installments on January 1, 2017, 2018 and 2019.