SEC Form 4 · accession 0001209191-15-029341
INTEGRYS HOLDING, INC. · TEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles A Schrock
Officer — Chairman and CEO · Director
Period of report
Mar 23, 2015
Accepted (ET)
Mar 25, 2015 · 8:16 pm EDT
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 StockF1 | Mar 23, 2015 | S | 4,133 | $74.4213 | D | 25,727 | I | Charles & Elizabeth Schrock Rev Trust |
| Common StockF2 | Mar 24, 2015 | S | 20,506 | $73.2865 | D | 5,221 | I | Charles & Elizabeth Schrock Rev Trust |
| Common StockF3 | holding | — | — | — | 163 | D | ||
| Common Stock | holding | — | — | — | 7,436 | I | By Employee Stock Ownership Plan | |
| Common Stock | holding | — | — | — | 17 | I | By Stock Investment Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF4 | $0.00 | holding | — | — | — | Jan 1, 2016 | Mar 15, 2016 | Common Stock | 30,392 | 30,392 | D |
| Performance RightsF4 | $0.00 | holding | — | — | — | Jan 1, 2017 | Mar 15, 2017 | Common Stock | 29,552 | 29,552 | D |
| Phantom Stock UnitF5,F6 | — | holding | — | — | — | — | — | Common Stock | 104,034 | 104,034 | D |
| Restricted Stock Units 2012F7 | — | holding | — | — | — | Feb 9, 2013 | Feb 9, 2016 | Common Stock | 2,503 | 2,503 | D |
| Restricted Stock Units 2013F7 | — | holding | — | — | — | Feb 14, 2014 | Feb 14, 2017 | Common Stock | 4,741 | 4,741 | D |
| Restricted Stock Units 2014F7 | — | holding | — | — | — | Feb 13, 2015 | Feb 13, 2018 | Common Stock | 6,763 | 6,763 | D |
| Restricted Stock Units 2015F7 | — | holding | — | — | — | Feb 12, 2016 | Feb 12, 2019 | Common Stock | 32,148 | 32,148 | D |
Explanation of responses
- F1The weighted average sale price reflects multiple transactions at prices ranging from $74.40 - $74.51.
- F2The weighted average sale price reflects multiple transactions at prices ranging from $73.01 - $73.92.
- F3Balance reflects dividend reinvestment shares purchased on a quarterly basis. In addition, 24,639 shares were transferred to the Charles & Elizabeth Schrock Rev Trust on March 20, 2015; and then subsequently sold as reported above.
- 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.
- F5These phantom stock units convert to common stock on a one-for-one basis.
- F6Upon 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.
- F7Each 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.