Bohls John M 4
4 · VECTREN CORP · Filed Jan 4, 2012
Insider Transaction Report
Form 4
VECTREN CORPVVC
Bohls John M
President, Vectren Enterprises
Transactions
- Exercise/Conversion
Common Stock
2012-01-01+1,377.797→ 2,289.797 total - Disposition to Issuer
Common Stock
2012-01-01$30.23/sh−1,377.797$41,651→ 912 total - Exercise/Conversion
Phantom Stock
2012-01-01−1,377.797→ 5,082.07 totalExercise: $0.00→ Common Stock (1,377.797 underlying)
Footnotes (3)
- [F1]Each share of phantom stock is the economic equivalent of one share of VVC common stock and in accordance with the provisions of the Vectren Corporation Nonqualified Deferred Compensation Plan(s) must be settled in cash.
- [F2]Phantom shares acquired through Vectren Corporation ("Vectren") Non-Qualified Deferred Compensation Plan.
- [F3]Phantom stock units held under the non-qualified deferred compensation plan will effectively be exercised at the time the amounts represented by these units are paid out under the Plan. Generally, unless provided otherwise by the participant, the payout begins with the end of the officer's employment with the Company or one of its participating subsidiaries. Pursuant to the non-qualified deferred compensation plan, payouts can occur for up to 15 years. Amounts held in the phantom stock accounts would be amortized over that period unless directed otherwise by the participant.