CMS ENERGY CORP 4
4 · CMS ENERGY CORP · Filed Mar 26, 2007
Insider Transaction Report
Form 4
PAQUETTE JOSEPH FARNAND JR
Director
Transactions
- Other
PSU-Director Deferred Comp
2005-07-01$16.45/sh+1,188$19,543→ 25,166 total(indirect: Directors' Deferred Compensation Plan)→ Common Stock (1,188 underlying)
Holdings
- 18,263
Common Stock
Footnotes (5)
- [F1]These units are considered phantom stock held pursuant to the Directors' Deferred Compensation Plan of CMS Energy and were acquired on various dates during the third quarter of 2005 at prices ranging from $15.14 to $15.97 per share ($16.45 was the price per share at the end of the quarter). Such deferred income will be paid in cash in 10 annual installments commencing in the January following Mr. Paquette's termination of service on the Board, based on the price of the CMS Common Stock at those times.
- [F2]Mr. Paquette's acquisition of phantom stock units in the Directors' Deferred Compensation Plan for the third quarter of 2005 was inadvertently reported on a Form 5 instead of a Form 4. This form corrects that error.
- [F3]See footnote 1.
- [F4]See footnote 1.
- [F5]See footnote 1.