SEC Form 4 · accession 0001410636-18-000132
American Water Works Company, Inc. · AWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Sgro
Officer — EVP,General Counsel, Secretary
Period of report
May 16, 2018
Accepted (ET)
May 18, 2018 · 11:23 am 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 StockF1 | May 16, 2018 | M | 7,087 | $65.15 | A | 17,180 | D | |
| Common Stock | May 16, 2018 | M | 8,939 | $52.75 | A | 26,119 | D | |
| Common StockF2 | May 16, 2018 | S | 16,026 | $80.54 | D | 10,093 | 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 | $52.75 | May 16, 2018 | M | 8,939 | D | — | Dec 31, 2021 | Common Stock | 8,939 | 1,931 | D |
| Employee Stock Option (right to buy)F4 | $65.15 | May 16, 2018 | M | 7,087 | D | — | Dec 31, 2022 | Common Stock | 7,087 | 803 | D |
Explanation of responses
- F1Includes 34 shares acquired pursuant to the automatic reinvestment in shares of common stock of American Water Works Company, Inc. (the "Company") of cash dividends paid on Company common stock to the reporting person, received since the reporting person's last Form 4 report.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.50 to $80.60, inclusive. The reporting person undertakes to provide to the Company, 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.
- F3The option award granted on February 17, 2015 and representing a right to purchase 10,870 shares, vested in three equal installments on January 1, 2016, January 1, 2017 and January 1, 2018.
- F4The option award granted on February 16, 2016 and representing a right to purchase 11,836 shares, vests in three equal installments on January 1, 2017, January 1, 2018 and January 1, 2019.