SEC Form 4 · accession 0001127602-19-002189
EVERSOURCE ENERGY · ES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Van Faasen
Other
Period of report
Jan 15, 2019
Accepted (ET)
Jan 16, 2019 · 5:19 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, 2019 | A | 2,085 | $0.00 | A | 19,326 | 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 | 32,615 | 32,615 | D |
Explanation of responses
- F1Restricted share units that vest on January 16, 2019. The reporting person elected to receive 50% of the underlying common shares (1,402 shares). Receipt of the remaining common shares has been deferred. Distribution of the deferred common shares will be made 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, 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.