SEC Form 4 · accession 0001404409-16-000103
TECO ENERGY INC · TE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Ferman Jr.
Director
Period of report
May 4, 2016
Accepted (ET)
May 6, 2016 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350563
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 4, 2016 | A | 2,885 | A | — | — | Common Stock | 2,885 | 2,885 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of TECO Energy, Inc. common stock or the cash value thereof.
- F2The restricted stock units vest on May 4, 2017, one year from the date of grant, or upon the closing of the transaction contemplated by the Agreement and Plan of Merger by and among TECO Energy, Inc., Emera Inc., and Emera US Inc. as of Sept 4, 2015.