SEC Form 4 · accession 0001236304-15-000056
WESTAR ENERGY INC /KS · WR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin L. Kongs
Officer — Vice President, Controller
Period of report
Nov 19, 2015
Accepted (ET)
Nov 20, 2015 · 2:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000054507
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock Par Value $5.00F3 | Nov 19, 2015 | A | 2,182 | $0.00 | A | 27,484 | D | |
| Common Stock Par Value $5.00F3 | Nov 19, 2015 | F | 695 | $39.40 | D | 26,789 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vesting of 2,182 performance-based restricted share units that were granted on November 9, 2013, with a vesting date of November 9, 2015. Under the terms of the grant, the number of shares to be received by the Reporting Person at vesting is increased or decreased based on the Issuer's Total Shareholder Return as compared to the Total Shareholder Return for a defined Peer Group of companies for the defined Performance Period. The determination that the performance criteria relating to the grant had been met and the calculation of the number of shares to be distributed were completed on November 19, 2015.
- F2Forfeiture of 695 shares for the payment of taxes upon the vesting of 2,182 performance-based restricted share units that were granted on November 9, 2013.
- F3Includes 4,985 restricted share units that are subject to forfeiture.