SEC Form 4 · accession 0001209191-18-053057
UNITIL CORP · UTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M Brian Oshaughnessy
Director
Period of report
Oct 1, 2018
Accepted (ET)
Oct 2, 2018 · 3:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000755001
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 | — | — | — | 16,356 | D |
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 | — | Oct 1, 2018 | A | 1,208 | A | — | — | Common stock | 1,208 | 9,240 | D |
Explanation of responses
- F1Includes 57.725 shares of common stock acquired on November 29, 2017, 68.558 shares of common stock acquired on February 28, 2018, 63.405 shares of common stock acquired on May 29, 2018, 59.671 shares of common stock acquired on August 29, 2018, in each case resulting from the reinvestment of dividends pursuant to Unitil Corporation's Dividend Reinvestment and Stock Purchase Plan.
- F2Each restricted stock unit is equivalent in value to one share of Unitil Corporation's common stock, no par value ("Common Stock"), and represents the right to receive a combination of cash and Common Stock after separation from service on Unitil Corporation's Board of Directors. Each restricted stock unit is fully vested upon grant and is payable 70% in Common Stock and 30% in cash, based upon the closing price of Common Stock on the day prior to settlement.