Bennett Christopher A 4
4 · NEXTERA ENERGY INC · Filed Feb 22, 2012
Insider Transaction Report
Form 4
Bennett Christopher A
Ex VP Chf Strat,Pol & Bus Proc
Transactions
- Award
Common Stock
2012-02-17+7,296→ 40,992 total - Tax Payment
Common Stock
2012-02-17$60.22/sh−2,488$149,827→ 47,567 total - Award
Phantom Shares
2012-02-17+456→ 1,658 total→ Common Stock - Award
Common Stock
2012-02-17+9,063→ 50,055 total - Award
Employee Stock Option (Right to Buy)
2012-02-17+31,074→ 31,074 totalExercise: $60.22Exp: 2022-02-17→ Common Stock (31,074 underlying)
Holdings
- 145(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Restricted stock grant made pursuant to Issuer's 2011 Long Term Incentive Plan, exempt under Rule 16b-3.
- [F2]Shares acquired in settlement of performance share awards (which were not derivative securities) under Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
- [F3]Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired February 17, 2012 in settlement of performance share awards.
- [F4]Annual credit of phantom shares to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the NextEra Energy, Inc. Supplemental Executive Retirement Plan ("SERP") in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Retirement Savings Plan plus (b) theoretical earnings, by the closing price of the Issuer's common stock on the last business day of the relevant year ($60.88 in 2011). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
- [F5]Options to buy 10,358 shares become exercisable on each of 02/15/2013, 02/15/2014 and 02/15/2015.