SEC Form 4 · accession 0001127602-18-026494
EVERSOURCE ENERGY · ES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leon J Olivier
Officer — EVP- Energy Strategy/Bus. Dev.
Period of report
Aug 28, 2018
Accepted (ET)
Aug 30, 2018 · 12:05 pm EDT
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 | Aug 28, 2018 | S | 42,638 | $62.03 | D | 86,109 | D | |
| Common Shares, $5.00 par valueF3,F2 | Aug 29, 2018 | S | 7,362 | $62.01 | D | 78,747 | D | |
| Common Shares, $5.00 par valueF4 | holding | — | — | — | 4,602 | I | By 401(k) Plan Trustee |
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 | 4,204 | 4,204 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.00 to $62.195 per share, inclusive. The reporting person undertakes to provide Eversource Energy, any security holder of Eversource Energy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F2Includes restricted share units and dividend equivalents thereon.
- F3The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.00 to $62.050 per share, inclusive. The reporting person undertakes to provide Eversource Energy, any security holder of Eversource Energy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- 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.