SEC Form 4 · accession 0000827052-17-000026
EDISON INTERNATIONAL · EIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald L Litzinger
Officer — Pres. Edison Energy Group, Inc
Period of report
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 4:35 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 | Feb 15, 2017 | M | 7,639 | $24.84 | A | 11,354 | D | |
| Common Stock | Feb 15, 2017 | M | 5,038 | $33.30 | A | 16,392 | D | |
| Common Stock | Feb 15, 2017 | M | 6,432 | $37.96 | A | 22,824 | D | |
| Common Stock | Feb 15, 2017 | M | 6,926 | $43.10 | A | 29,750 | D | |
| Common StockF3 | Feb 15, 2017 | S | 26,035 | $74.6423 | D | 3,715 | D | |
| Common Stock | holding | — | — | — | 61,389 | 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 | $24.84 | Feb 15, 2017 | M | 7,639 | D | — | Jan 2, 2019 | Common Stock | 7,639 | 68,746 | D |
| Non-qualified Stock Options (Right to Buy)F5 | $33.30 | Feb 15, 2017 | M | 5,038 | D | — | Jan 2, 2020 | Common Stock | 5,038 | 65,488 | D |
| Non-qualified Stock Options (Right to Buy)F6 | $37.96 | Feb 15, 2017 | M | 6,432 | D | — | Jan 4, 2021 | Common Stock | 6,432 | 83,613 | D |
| Non-qualified Stock Options (Right to Buy)F7,F8 | $43.10 | Feb 15, 2017 | M | 6,926 | D | — | Jan 3, 2022 | Common Stock | 6,926 | 90,033 | D |
Explanation of responses
- F1Relationship of Reporting Person to Issuer: Edison Energy Group, Inc. is a subsidiary of Edison International.
- F2These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2016.
- F3This transaction was executed in multiple trades at prices ranging from $74.31 to $74.98. 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, 2010.
- F5The options vested in four equal annual installments beginning on January 2, 2011.
- F6The options vested in four equal annual installments beginning on January 2, 2012.
- F7The options vested in four equal annual installments beginning on January 2, 2013.
- F8The expiration date of the options was originally reported as January 2, 2022; however, since the referenced date falls on a Sunday, the date will be the next succeeding business day, which is January 3, 2022.