SEC Form 4 · accession 0001127602-18-020239
Evergy, Inc. · EVRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony D Somma
Officer — EVP - CHIEF FINANCIAL OFFICER
Period of report
Jun 4, 2018
Accepted (ET)
Jun 6, 2018 · 6:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001711269
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 4, 2018 | A | 57,445 | $0.00 | A | 57,445 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F2 | — | Jun 4, 2018 | A | 16,566 | A | — | — | Common Stock | 16,566 | 16,566 | D |
Explanation of responses
- F1Received in exchange for 57,445 shares of Westar Energy Inc. ("Westar") common stock in connection with that certain Amended and Restated Agreement and Plan of Merger dated as of July 9, 2017 by and among Great Plains Energy Incorporated, Westar, Evergy, Inc. ("Evergy") (formerly Monarch Energy Holding, Inc.), King Energy, and for certain limited purposes, GP Star, Inc. Upon closing of the merger, each outstanding share of Westar common stock was converted into one share of Evergy common stock. All of the transactions reported in this Form 4 occurred simultaneously upon closing of the merger. On the effective date of the merger, the closing price of Westar's common stock was $54.00 per share, and Evergy's common stock had not yet commenced trading on the New York Stock Exchange.
- F2Restricted Stock Units represent a contingent right to receive one share of Evergy common stock. Units vest ratably in one third increments on the anniversary of the grant date, subject to, in general, continued employment.
- F3Received in exchange for 16,566 restricted stock units of Westar. Upon closing of the merger, each restricted stock unit of Westar was converted into one restricted stock units of Evergy. All of the transactions reported in this Form 4 occurred simultaneously upon closing of the merger.