SEC Form 4 · accession 0000753308-19-000055
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 14, 2019
Accepted (ET)
Feb 19, 2019 · 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 14, 2019 | A | 1,856 | $0.00 | A | 196,288 | D | |
| Common StockF2,F4 | Feb 14, 2019 | A | 106,800 | $0.00 | A | 303,088 | D | |
| Common StockF2,F4 | Feb 15, 2019 | F | 3,284 | $184.04 | D | 299,804 | D | |
| Common StockF2,F4 | Feb 19, 2019 | G | 13,336 | $0.00 | D | 286,468 | D | |
| Common Stock | Feb 19, 2019 | G | 13,336 | $0.00 | A | 20,000 | I | By Spouse |
| Common Stock | holding | — | — | — | 107,632 | I | James L. Robo Gifting Trust | |
| Common Stock | holding | — | — | — | 73,550 | I | Spouse's Gifting Trust | |
| Common Stock | holding | — | — | — | 31,292 | I | 2018 Spouse's Gifting Trust | |
| Common StockF7 | holding | — | — | — | 72,494 | I | By Rabbi Trust | |
| Common Stock | holding | — | — | — | 4,504 | 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 SharesF8 | — | Feb 14, 2019 | A | 2,276 | A | — | — | Common Stock | — | 29,123 | D |
| Employee Stock Option (Right to Buy)F9 | $182.61 | Feb 14, 2019 | A | 141,250 | A | — | Feb 14, 2029 | Common Stock | 141,250 | 141,250 | 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 46,825 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"). Under the terms of the Deferred Shares Grant, shares are distributable in stock at the end of the deferral period.
- F3Reporting person elected to defer receipt of these performance shares awarded pursuant to the Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
- F4Includes a total of 106,800 shares deferred until reporting person's termination of employment with the Issuer and its subsidiaries.
- F5Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 12, 2016, February 17, 2017 and February 15, 2018.
- F6Gift of shares to reporting person's spouse.
- F7Deferred shares held by Trustee of grantor trust in which reporting person has a pecuniary interest only. Includes an aggregate of 445 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.
- F8Annual 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 ($173.82 in 2018). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
- F9Options to buy 47,084 shares become exercisable on 02/15/2020 and options to buy 47,083 shares become exercisable on each of 02/15/2021 and 02/15/2022.