SEC Form 4 · accession 0001209191-15-059425
Talen Energy Corp · TLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip G Cox
Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 3:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001622536
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Unit (DDCP)F1 | — | Jul 1, 2015 | A | 2,780 | A | — | — | Common Stock | 2,780 | 2,780 | D |
Explanation of responses
- F1Represents stock units acquired under the Issuer's Directors Deferred Compensation Plan ("DDCP"). Each unit is the economic equivalent of one share of Issuer common stock. Pursuant to the terms of the DDCP, the stock units shall settle in cash or common stock, at the director's option, upon the director's retirement or separation from service. No conversion or exercise price applies.