Home/Filings/4/0001449779-10-000002
4//SEC Filing

Poppell James W 4

Accession 0001449779-10-000002

CIK 0000753308other

Filed

Feb 16, 7:00 PM ET

Accepted

Feb 17, 3:51 PM ET

Size

16.3 KB

Accession

0001449779-10-000002

Insider Transaction Report

Form 4
Period: 2010-02-12
Poppell James W
Ex VP, Human ResourcesOther
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2010-02-12+13,09313,093 total
    Exercise: $45.57Exp: 2020-02-12Common Stock (13,093 underlying)
  • Award

    Phantom Shares

    2010-02-12+140306 total
    Common Stock
  • Award

    Common Stock

    2010-02-12+1,91715,692 total
  • Tax Payment

    Common Stock

    2010-02-15$45.57/sh831$37,86914,354 total
  • Award

    Common Stock

    2010-02-12+5,65013,775 total
  • Tax Payment

    Common Stock

    2010-02-12$45.57/sh507$23,10415,185 total
Holdings
  • Common Stock

    (indirect: By Trust)
    2,071
Footnotes (7)
  • [F1]Restricted stock grant made pursuant to Issuer's Amended and Restated 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 12, 2010 in settlement of performance share awards.
  • [F4]Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 15, 2007, February 15, 2008 and February 13, 2009.
  • [F5]Annual credit of phantom shares to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the FPL Group, 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 Thrift Plan ("Thrift Plan") plus (b) theoretical earnings, by (c) the closing price of the Issuer's common stock on the last business day of the relevant year ($52.82 in 2009). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
  • [F6]Options to buy 4,365 shares become exercisable on 02/15/2011 and options to buy 4,364 shares become exercisable on each of 02/15/2012 and 02/15/2013.
  • [F7]Not applicable.

Issuer

FPL GROUP INC

CIK 0000753308

Entity typeother

Related Parties

1
  • filerCIK 0001449779

Filing Metadata

Form type
4
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 3:51 PM ET
Size
16.3 KB