SEC Form 4 · accession 0000078460-15-000035
PIEDMONT NATURAL GAS CO INC · PNY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin M Ohara
Officer — Senior Vice President
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 5:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000078460
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Dec 15, 2015 | A | 8,664 | $0.00 | A | 75,721 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issued as accelerated vesting of 2016 LTIP Award and 2017 LTIP Award under registrant's Incentive Compensation Plan. These shares are restricted, subject to full or partial cancellation under certain circumstances and for such period as described in the form of Share Repayment Agreement filed by the registrant in a Form 8-K on December 16, 2015.
- F2Shares were valued at closing price of $56.85 on December 14, 2015, which was the day prior to vesting.
- F3This number does not include 2,841.53 shares that are held indirectly by Mr. O'Hara in his 401(k) account.