Boyle Frederick J 4
4 · PEPCO HOLDINGS INC · Filed Apr 10, 2012
Insider Transaction Report
Form 4
Boyle Frederick J
Sr. Vice President & CFO
Transactions
- Award
Common Stock
2012-04-09+8,460→ 8,460 total
Footnotes (1)
- [F1]Shares represent restricted stock units (RSUs) awarded on April 9, 2012 under the Long-Term Incentive Plan (LTIP) which are subject to forfeiture if the executive's employment terminates before April 9, 2015, except as otherwise provided under the terms of the LTIP. Each RSU not forfeited will be settled by the delivery of one share of PHI common stock. When a dividend is paid on the PHI common stock, the RSU balance will be credited with additional RSUs equal to the per share amount of the dividend multiplied by the number of RSUs divided by the market price of the common stock on the trading day immediately prior to the dividend payment date. Dividend credits will vest only to the extent the related RSUs vest.