SEC Form 4 · accession 0001127602-16-037431
EVERSOURCE ENERGY · ES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James S DiStasio
Other
Period of report
Jan 15, 2016
Accepted (ET)
Jan 20, 2016 · 5:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000072741
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares, $5.00 par valueF1,F2 | Jan 15, 2016 | A | 2,637 | $0.00 | A | 11,385 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF3 | — | holding | — | — | — | — | — | Common Shares, $5.00 par value | 8,874 | 8,874 | D |
Explanation of responses
- F1Restricted share units that vested on January 19, 2016, receipt of the underlying shares has been deferred. Distribution will be made on a one-for-one basis in common shares on the 10th business day of January of the year following the reporting person's retirement from the Board.
- F2Includes restricted share units and dividend equivalents thereon.
- F3Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, formerly the Northeast Utilities Deferred Compensation Plan for Trustees, a non-qualified plan. These shares are nominally invested as common shares. Each phantom share represents the right to receive the cash value of one common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents and are exempt from the line item reporting under SEC rule 16a-11.