SEC Form 4 · accession 0001209191-15-055011
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
Jun 18, 2015
Accepted (ET)
Jun 19, 2015 · 3:54 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 Stock | Jun 18, 2015 | S | 267 | $71.7517 | D | 4,954 | I | Charles & Elizabeth Schrock Rev Trust |
| Common StockF1 | holding | — | — | — | 180 | D | ||
| Common StockF2 | holding | — | — | — | 7,648 | I | By Employee Stock Ownership Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF3 | $0.00 | holding | — | — | — | Jan 1, 2016 | Mar 15, 2016 | Common Stock | 30,392 | 30,392 | D |
| Performance RightsF3 | $0.00 | holding | — | — | — | Jan 1, 2017 | Mar 15, 2017 | Common Stock | 29,552 | 29,552 | D |
| Phantom Stock UnitF6,F4,F5 | — | holding | — | — | — | — | — | Common Stock | 104,985 | 104,985 | D |
| Restricted Stock Units 2012F8,F7 | — | holding | — | — | — | Feb 9, 2013 | Feb 9, 2016 | Common Stock | 2,526 | 2,526 | D |
| Restricted Stock Units 2013F8,F7 | — | holding | — | — | — | Feb 14, 2014 | Feb 14, 2017 | Common Stock | 4,784 | 4,784 | D |
| Restricted Stock Units 2014F8,F7 | — | holding | — | — | — | Feb 13, 2015 | Feb 13, 2018 | Common Stock | 6,825 | 6,825 | D |
| Restricted Stock Units 2015F8,F7 | — | holding | — | — | — | Feb 12, 2016 | Feb 12, 2019 | Common Stock | 32,442 | 32,442 | D |
Explanation of responses
- F1The Stock Investment Plan terminated effective June 10, 2015. In connection with the Plan termination, 0.303 fractional share was sold. Whole shares held in the Plan were issued in book form and now appear in the directly held shares.
- F2Balance reflects shares pertaining to the quarterly dividend and periodic earnings adjustments and share allocations under the Company's Employee Stock Ownership Plan.
- F3Performance 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.
- F4These phantom stock units convert to common stock on a one-for-one basis.
- F5Upon 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.
- F6Balance reflects quarterly dividends paid on phantom stock units and reinvested in additional phantom stock units, under the Company's Deferred Compensation Plan.
- 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.
- F8Balance reflects the quarterly dividend paid on restricted stock units and reinvested in additional restricted stock units, under the Company's Omnibus Incentive Plans.