SEC Form 4 · accession 0001127602-17-008286
Essential Utilities, Inc. · WTRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Smeltzer
Officer — Executive VP & CFO
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 6:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078128
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 22, 2017 | A | 3,972 | $0.00 | A | 79,073 | D | |
| Common Stock 401kF2 | holding | — | — | — | 28,838 | I | 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $30.47 | Feb 22, 2017 | A | 7,774 | A | Feb 22, 2018 | Feb 22, 2027 | Common Stock | 7,774 | 7,774 | D |
Explanation of responses
- F1Represents award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units vest on February 22, 2020.
- F2Includes shares acquired under the Company's 401k plan since the last filing.
- F3Grant of 7,774 shares of stock options which vest one-third each year on the anniversary of the grant.