SEC Form 4 · accession 0001209191-17-005942
American Water Works Company, Inc. · AWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Loyd A Warnock
Officer — SVP, External Affairs, Comm.
Period of report
Jan 25, 2017
Accepted (ET)
Jan 27, 2017 · 5:00 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 | Jan 25, 2017 | M | 3,572 | $0.00 | A | 8,663 | D | |
| Common Stock | Jan 25, 2017 | A | 2,681 | $0.00 | A | 11,344 | D | |
| Common Stock | Jan 25, 2017 | F | 1,986 | $71.72 | D | 9,358 | 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 UnitsF3,F2,F4 | — | Jan 25, 2017 | A | 1,531 | A | — | Dec 31, 2016 | Common Stock | 1,531 | 3,572 | D |
| Performance Stock UnitsF5,F2,F4 | — | Jan 25, 2017 | M | 3,572 | D | — | Dec 31, 2016 | Common Stock | 3,572 | 0 | D |
Explanation of responses
- F1Includes 44 shares acquired pursuant to the automatic reinvestment in shares of common stock of American Water Works Company, Inc. (the "Company") of cash dividends on Company common stock paid to the reporting person, which shares were inadvertently omitted from prior Form 4 reports. This filing is deemed to appropriately correct the reporting person's prior Form 4 reports.
- F2Each performance stock unit represented a contingent right to receive one share of common stock of 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.
- F3Represents the above-target earned portion of the TSR performance stock unit. In 2014, the Company granted 2,041 performance stock units, equal to the number of shares to be received if target performance was achieved.
- F4Represents the end of the performance period to which the performance stock units relate.
- F5Represents 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.