SEC Form 4 · accession 0001127602-18-023121
Essential Utilities, Inc. · WTRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Rhodes
Officer — EVP, Strategy & Corp Dev
Period of report
Jul 9, 2018
Accepted (ET)
Jul 11, 2018 · 4:45 pm EDT
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 | Jul 9, 2018 | A | 2,605 | $0.00 | A | 2,605 | D | |
| Common StockF2 | Jul 9, 2018 | A | 7,162 | $0.00 | A | 9,767 | D | |
| Common StockF3 | Jul 9, 2018 | A | 3,581 | $0.00 | A | 13,348 | D |
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)F4 | $35.44 | Jul 9, 2018 | A | 6,856 | A | Feb 27, 2019 | Feb 27, 2028 | Common Stock | 6,856 | 6,856 | 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 27, 2021.
- F2Represents 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 21, 2019.
- F3Represents 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.
- F4Grant of 6,856 shares of stock options which vest one-third each year on February 27 of 2019, 2020 and 2021.