SEC Form 4 · accession 0001209191-15-014283
INTEGRYS HOLDING, INC. · TEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Verbanac
Officer — Executive VP - IBS
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 12:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000916863
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2015 | M | 467 | $75.56 | A | 775 | D | |
| Common Stock | Feb 13, 2015 | F | 159 | $75.56 | D | 616 | D | |
| Common Stock | Feb 14, 2015 | M | 320 | $75.56 | A | 935 | D | |
| Common Stock | Feb 14, 2015 | F | 111 | $75.56 | D | 824 | D | |
| Common Stock | holding | — | — | — | 7,101 | I | By Employee Stock Ownership Plan | |
| Common Stock | holding | — | — | — | 80 | I | Daniel J. Verbanac & Jeanne M. Verbanac Rev. Trust U/A/D 1/15/04 | |
| Common Stock | holding | — | — | — | 325 | I | Daniel J. & Jeanne M. Verbanac Rev. Trust U/A/D 1/15/2004 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units 2014F1 | — | Feb 13, 2015 | M | 467 | D | Feb 13, 2015 | Feb 13, 2018 | Common Stock | 467 | 1,401 | D |
| Restricted Stock Units 2013F1 | — | Feb 14, 2015 | M | 491 | D | Feb 14, 2014 | Feb 14, 2017 | Common Stock | 491 | 982 | D |
| Phantom Stock UnitF2,F3 | — | Feb 14, 2015 | M | 172 | A | — | — | Common Stock | 172 | 27,926 | D |
| Performance RightsF4 | $0.00 | holding | — | — | — | Jan 1, 2016 | Mar 15, 2016 | Common Stock | 6,297 | 6,297 | D |
| Performance RightsF4 | $0.00 | holding | — | — | — | Jan 1, 2017 | Mar 15, 2017 | Common Stock | 6,123 | 6,123 | D |
| Restricted Stock Units 2012F1 | — | holding | — | — | — | Feb 9, 2013 | Feb 9, 2016 | Common Stock | 519 | 519 | D |
| Restricted Stock Units 2015F1 | — | holding | — | — | — | Feb 12, 2016 | Feb 12, 2019 | Common Stock | 6,260 | 6,260 | D |
Explanation of responses
- F1Each restricted stock unit represent a contingent right to receive one share of Company common stock. The restricted stock units vest in four equal annual installments beginning on the exercisable date.
- F2These phantom stock units convert to common stock on a one-for-one basis.
- F3Upon retirement or termination of service, distribution of phantom stock units will commence in January of the year that is both (1) following the calendar year in which service terminates with the Company, and (2) at least six months following termination, or later if the participant selected a later date.
- F4Performance stock rights represent the right to receive shares of common stock of the Company, in the event certain performance goals are satisfied. These goals are based on Company performance against an established industry benchmark, over a three year performance period. The final award of shares issued can be between 0% and 200% of the reported target award.