SEC Form 4 · accession 0001404409-15-000054
TECO ENERGY INC · TE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Ramil
Officer — President and CEO · Director
Period of report
Jul 16, 2015
Accepted (ET)
Jul 16, 2015 · 5:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350563
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 16, 2015 | M | 72,450 | $16.295 | A | 700,289 | D | |
| Common StockF2 | Jul 16, 2015 | S | 72,450 | $20.4723 | D | 627,839 | D | |
| Common Stock | holding | — | — | — | 11,268 | I | By Savings Plan | |
| Common Stock | holding | — | — | — | 4,791 | I | By son |
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 | $16.295 | Jul 16, 2015 | M | 72,450 | D | — | Apr 25, 2016 | Common Stock | 72,450 | 0 | D |
Explanation of responses
- F1The transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2015, which plan was previously reported on a TECO Energy, Inc. Form 8-K filed on the same date.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.48, inclusive. The reporting person undertakes to provide to TECO Energy, Inc., any security holder of TECO Energy, Inc., 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 in this footnote.
- F3The option vested in three equal annual installments beginning on April 26, 2007.