VECTREN CORP 4
4 · VECTREN CORP · Filed Jan 2, 2014
Insider Transaction Report
Form 4
VECTREN CORPVVC
BENKERT JEROME A JR
EXEC VP, CFO
Transactions
- Exercise/Conversion
Phantom Stock
2013-12-31−18,116.593→ 0 totalExercise: $0.00→ Common Stock (18,116.593 underlying) - Disposition to Issuer
Common Stock
2013-12-31$35.50/sh−18,116.593$643,139→ 47,695.958 total - Exercise/Conversion
Common Stock
2013-12-31+18,116.593→ 65,812.551 total
Footnotes (2)
- [F1]The stock unit awards vesting in 2013 were settled for cash. Each stock unit award was the economic equivalent of one share of Vectren Corporation common stock.
- [F2]The stock unit award was acquired pursuant to the Vectren Corporation At-Risk Compensation Plan and is subject to forfeiture as provided by the Plan and the Plan Agreement. The lifting of restrictions and the forfeitability provisions is dependent upon performance during a measuring period from January 1, 2010 through December 31, 2012 and continued employment until December 31, 2013. The board of directors approved the acquisition in accordance with Rule 16b-3(d).