SEC Form 4 · accession 0001225208-16-027233
SCANA CORP · SCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Swan IV
Officer — Controller SCANA/Subs
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 3:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000754737
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock - No Par ValueF1 | holding | — | — | — | 9,757 | I | By Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3,F4 | — | Feb 18, 2016 | A | 1,341 | A | — | — | Common Stock - No Par Value | 1,341 | 4,175 | D |
| Restricted Stock UnitsF5,F6,F7 | — | Feb 18, 2016 | M | 837 | D | — | — | Common Stock - No Par Value | 837 | 3,338 | D |
Explanation of responses
- F1Shares held by Trustee under the SCANA Stock Purchase Savings Plan as of February 4, 2016.
- F2Each restricted stock unit represents a contingent right to receive the cash equivalent of one share of common stock.
- F3The restricted stock units vest, if at all, on December 31, 2018 if the issuer's achievement of an approved performance measure is met and the reporting person meets eligibility requirements.
- F4Grant made pursuant to issuer's 2016-2018 Long Term Equity Compensation Plan.
- F5Restricted stock units settled in cash at the cash equivalent of $61.30 per unit.
- F6The restricted stock units vested 12-31-2015 but were approved and earned 2-18-2016.
- F7The restricted stock units would have expired 12-31-2015 had conditions for vesting not been met.