SEC Form 4 · accession 0001209191-17-005920
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
Jan 25, 2017
Accepted (ET)
Jan 27, 2017 · 4:42 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 25, 2017 | M | 2,354 | $0.00 | A | 33,917 | D | |
| Common Stock | Jan 25, 2017 | A | 1,832 | $0.00 | A | 35,749 | D | |
| Common Stock | Jan 25, 2017 | F | 1,562 | $71.72 | D | 34,187 | 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 25, 2017 | A | 1,009 | A | — | Dec 31, 2016 | Common Stock | 1,009 | 2,354 | D |
| Performance Stock UnitsF4,F1,F3 | — | Jan 25, 2017 | M | 2,354 | D | — | Dec 31, 2016 | Common Stock | 2,354 | 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, 2014 and ending December 31, 2016.
- F2Represents the above-target earned portion of the TSR performance stock unit. In 2014, the Company granted 1,345 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 2014 and above-target units earned based on TSR performance. The number of TSR performance stock units earned was 175 percent of the target.