SEC Form 4 · accession 0001225208-16-027236
SCANA CORP · SCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin K Phalen
Officer — Senior VP SCANA & SCEG
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 | — | — | — | 152 | D | ||
| Common Stock - No Par ValueF2 | holding | — | — | — | 39,770 | 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 UnitsF3,F4,F5 | — | Feb 18, 2016 | A | 1,741 | A | — | — | Common Stock - No Par Value | 1,741 | 5,753 | D |
| Restricted Stock UnitsF6,F7,F8 | — | Feb 18, 2016 | M | 1,179 | D | — | — | Common Stock - No Par Value | 1,179 | 4,574 | D |
Explanation of responses
- F1Includes shares acquired under Dividend Reinvestment Plan.
- F2Shares held by Trustee under the SCANA Stock Purchase Savings Plan as of February 17, 2016 and includes shares acquired through dividend reinvestment plan.
- F3Each restricted stock unit represents a contingent right to receive the cash equivalent of one share of common stock.
- F4The 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.
- F5Grant made pursuant to issuer's 2016-2018 Long Term Equity Compensation Plan.
- F6Restricted stock units settled in cash at the cash equivalent of $61.30 per unit.
- F7The restricted stock units vested 12-31-2015 but were approved and earned 2-18-2016.
- F8The restricted stock units would have expired 12-31-2015 had conditions for vesting not been met.