SEC Form 4 · accession 0001236304-18-000019

WESTAR ENERGY INC /KS · WR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP, Generation and Marketing

Period of report

Jan 18, 2018

Accepted (ET)

Jan 18, 2018 · 5:27 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 $5.00^F2	Jan 18, 2018	A	4,242	$0.00	A	10,857	D
Common Stock Par Value $5.00^F2	Jan 18, 2018	F	1,246	$52.825	D	9,611	D
Common Stock Par Value $5.00^F2	Jan 18, 2018	G	2,996	$0.00	D	6,615	D
Common Stock Par Value $5.00^F5	Jan 18, 2018	G	2,996	$0.00	A	30,733	I	Held by trust

No Table II lines on this filing.

F1Vesting of 4,242 performance-based restricted share units that were granted on February 25, 2015, with a vesting date of January 1, 2018. 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 January 18, 2018.
F2Includes 6,615 restricted share units that are subject to forfeiture.
F3Forfeiture of 1,246 shares for the payment of taxes upon the vesting of 4,242 performance-based restricted share units granted on 2/25/15.
F4Shares were transferred from the reporting person to the reporting person's trust, for which he and his spouse serve as co-trustees and beneficiaries.
F5Shares are held in the reporting person's trust, for which he and his spouse are co-trustees and beneficiaries.