SEC Form 4 · accession 0001127602-17-008783
EVERSOURCE ENERGY · ES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip J Lembo
Officer — EVP, CFO and Treasurer
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 7:48 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 | Feb 23, 2017 | A | 2,153 | $0.00 | A | 23,347 | D | |
| Common Shares, $5.00 par valueF3,F2 | Feb 23, 2017 | F | 699 | $56.15 | D | 22,648 | D | |
| Common Shares, $5.00 par valueF4 | holding | — | — | — | 2,548 | I | 401K Plan (Trustee) | |
| Common Shares, $5.00 par value | holding | — | — | — | 396 | I | Custodial Account for grandchild |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF5 | — | holding | — | — | — | — | — | Common Shares, $5.00 par value | 3,771 | 3,771 | D |
Explanation of responses
- F1Performance shares and dividend equivalent shares for the 2014-2016 Long-Term Incentive Program as determined on February 23, 2017.
- F2Includes restricted share units and dividend equivalents thereon.
- F3Shares withheld to satisfy tax withholding obligation.
- F4Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
- F5Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified deferred compensation plan, that is nominally invested as common shares. Each phantom share represents the right to receive one Eversource Energy common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents exempt from line item reporting under SEC Rule 16a-11.