SEC Form 4 · accession 0000753308-16-000328
NEXTERA ENERGY INC · NEE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Robo
Officer — Chairman, President & CEO · Director · Other
Period of report
Feb 12, 2016
Accepted (ET)
Feb 16, 2016 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000753308
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 12, 2016 | A | 21,518 | $0.00 | A | 291,258 | D | |
| Common StockF2 | Feb 12, 2016 | A | 103,118 | $0.00 | A | 394,376 | D | |
| Common StockF2 | Feb 12, 2016 | F | 43,258 | $111.67 | D | 351,118 | D | |
| Common StockF2 | Feb 15, 2016 | F | 7,158 | $111.67 | D | 343,960 | D | |
| Common Stock | holding | — | — | — | 76,431 | I | James L. Robo Gifting Trust | |
| Common Stock | holding | — | — | — | 3,356 | I | By Spouse | |
| Common Stock | holding | — | — | — | 73,550 | I | Spouse's Gifting Trust | |
| Common StockF6 | holding | — | — | — | 66,752 | I | By Rabbi Trust | |
| Common Stock | holding | — | — | — | 3,899 | I | By Retirement Savings Plan Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF7 | — | Feb 12, 2016 | A | 2,312 | A | — | — | Common Stock | — | 22,015 | D |
| Employee Stock Option (Right to Buy)F8 | $111.67 | Feb 12, 2016 | A | 101,848 | A | — | Feb 12, 2026 | Common Stock | 101,848 | 101,848 | D |
Explanation of responses
- F1Restricted stock grant made pursuant to Issuer's 2011 Long Term Incentive Plan, exempt under Rule 16b-3.
- F2Includes a total of 43,114 shares deferred pursuant to the terms of a deferred stock grant under Issuer's Amended and Restated 2011 Long Term Incentive Plan (the "Deferred Shares Grant"), including an aggregate of 674 deferred shares deemed acquired pursuant to a dividend reinvestment feature under the Deferred Shares Grant since the last report filed by the reporting person. Under the terms of the Deferred Shares Grant, shares are distributable in stock at the end of the deferral period.
- F3Shares acquired in settlement of performance share awards (which were not derivative securities) under Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
- F4Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired February 12, 2016 in settlement of performance share awards.
- F5Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 15, 2013, February 14, 2014 and February 13, 2015.
- F6Deferred shares held by Trustee of grantor trust in which reporting person has a pecuniary interest only. Includes an aggregate of 1,044 shares acquired by the Trustee pursuant to a dividend reinvestment feature of the deferred shares grant since the last report filed by the reporting person.
- F7Annual credit of phantom shares to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the NextEra Energy, Inc. Supplemental Executive Retirement Plan ("SERP") in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Retirement Savings Plan plus (b) theoretical earnings, by the closing price of the Issuer's common stock on the last business day of the relevant year ($103.89 in 2015). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
- F8Options to buy 33,950 shares become exercisable on 02/15/2017 and options to buy 33,949 shares become exercisable on each of 02/15/2018 and 02/15/2019.