SEC Form 4 · accession 0000827052-15-000190
EDISON INTERNATIONAL · EIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald L Litzinger
Officer — EVP; Pres. Edison Energy Group
Period of report
Nov 16, 2015
Accepted (ET)
Nov 17, 2015 · 2:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000827052
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 16, 2015 | M | 9,389 | $44.295 | A | 9,389 | D | |
| Common Stock | Nov 16, 2015 | M | 7,638 | $24.84 | A | 17,027 | D | |
| Common Stock | Nov 16, 2015 | M | 5,037 | $33.30 | A | 22,064 | D | |
| Common StockF3 | Nov 16, 2015 | S | 22,064 | $59.9242 | D | 0 | D | |
| Common Stock | holding | — | — | — | 56,817 | I | By Living Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Options (Right to Buy)F4 | $44.295 | Nov 16, 2015 | M | 9,389 | D | — | Jan 4, 2016 | Common Stock | 9,389 | 0 | D |
| Non-qualified Stock Options (Right to Buy)F5 | $24.84 | Nov 16, 2015 | M | 7,638 | D | — | Jan 2, 2019 | Common Stock | 7,638 | 106,939 | D |
| Non-qualified Stock Options (Right to Buy)F6 | $33.30 | Nov 16, 2015 | M | 5,037 | D | — | Jan 2, 2020 | Common Stock | 5,037 | 90,676 | D |
Explanation of responses
- F1Relationship of Reporting Person to Issuer: Edison Energy Group, Inc. is a subsidiary of Edison International.
- F2The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 11, 2015.
- F3This transaction was executed in multiple trades at prices ranging from $59.52 to $60.235. The price reported reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and the separate prices at which the transaction was effected.
- F4The options vested in four equal annual installments beginning on January 2, 2007.
- F5The options vested in four equal annual installments beginning on January 2, 2010.
- F6The options vested in four equal annual installments beginning on January 2, 2011.