SEC Form 4 · accession 0001228532-19-000001
CHESAPEAKE UTILITIES CORP · CPK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
P. McMasters Michael
Director
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000019745
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 2, 2019 | A | 276 | $75.70 | A | 116,702 | D | |
| Common StockF3 | holding | — | — | — | 20,509 | I | 401k Plan | |
| Common Stock | holding | — | — | — | 56 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares awarded to the reporting individual upon becoming a non-employee Director on January 2, 2019. The reporting person retired as President and CEO from Chesapeake Utilities Corporation effective December 31, 2018 but will continue to be a Director on the Company's Board.
- F2Of these shares,45,503 represent deferred stock units that will be settled on a one-for-one basis in common stock. Includes 402 shares that were acquired since last filing through reinvestment of dividends under Chesapeake Utilities Corporation's Dividend Reinvestment and Direct Stock Purchase Plan.
- F3Includes 76 shares of common stock that the reporting person acquired under the 401k Plan via an employer supplemental contribution that was funded in shares of Chesapeake Utilities Corporation common stock in July 2018. Dividends payable on 401k Plan shares were reinvested to purchase 229 additional shares of Chesapeake Utilities Corporation common stock since last filing.