SEC Form 4 · accession 0001225208-19-000896
PUBLIC SERVICE ENTERPRISE GROUP INC · PEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Cregg
Officer — Executive VP & CFO
Period of report
Jan 14, 2019
Accepted (ET)
Jan 16, 2019 · 4:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000788784
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 14, 2019 | M | 4,259 | $0.00 | A | 46,622 | D | |
| Common StockF3,F4 | Jan 14, 2019 | M | 2,800 | $31.41 | A | 49,422 | D | |
| Common StockF5 | Jan 14, 2019 | F | 2,883 | $52.05 | D | 46,539 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF6,F2,F7,F8 | — | Jan 14, 2019 | M | 4,259 | D | Feb 16, 2016 | — | Common Stock | 4,259 | 0 | D |
| Stock UnitsF9,F4 | $31.41 | Jan 14, 2019 | M | 2,800 | D | Feb 19, 2013 | Jan 1, 2016 | Common Stock | 2,800 | 0 | D |
Explanation of responses
- F1Payout of Performance Stock Units previously deferred into the Rabbi Trust pursuant to Equity Deferral Plan.
- F2Upon the distribution of the Performance Stock Units on February 16, 2016, the reporting person deferred the receipt pursuant to the Equity Deferral Plan, which amount was paid into a Rabbi Trust at a price of $41.85.
- F3Payout of Restricted Stock Units previously deferred into the Rabbi Trust pursuant to Equity Deferral Plan.
- F4Upon the vesting of the Restricted Stock Units on January 1, 2016, the reporting person deferred the receipt pursuant to the Equity Deferral Plan, which amount was paid into a Rabbi Trust at a price of 31.41.
- F5Amount includes accumulated dividend reinvestments that are exempt from Section 16.
- F6LTIP Performance Stock Units. Phantom stock represents the share equivalent of vested amount deferred under the Equity Deferral Plan.
- F7Phantom stock converts into common stock on a one-for-one basis.
- F8Phantom stock does not have a corresponding expiration date.
- F9LTIP Restricted Stock Units.