SEC Form 4 · accession 0001209191-16-138190
American Water Works Company, Inc. · AWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter Lynch
Officer — EVP and COO
Period of report
Aug 19, 2016
Accepted (ET)
Aug 22, 2016 · 7:06 pm EDT
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 | Aug 19, 2016 | M | 6,514 | $34.12 | A | 91,389 | D | |
| Common StockF1 | Aug 19, 2016 | S | 6,514 | $76.43 | D | 84,875 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3,F2 | $34.12 | Aug 19, 2016 | M | 6,514 | D | — | Dec 31, 2018 | Common Stock | 6,514 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.42 to $76.435, inclusive. The reporting person undertakes to provide to American Water Works Company, Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
- F2The option award granted on February 23, 2012 and representing a right to purchase 46,514 shares vested in three equal installments on January 1, 2013, 2014 and 2015.
- F3Prior exercises of 40,000 shares underlying this option were previously reported.