Schach Eric J 4

4 · VECTREN CORP · Filed Feb 23, 2018

Form 4

Period: 2018-02-23

EVP & COO

Transactions

Disposition to Issuer
Common Stock
2018-02-23$62.55/sh−9,600$600,480→ 0 total
Award
Phantom Stock
2018-02-23+6,418.182→ 6,418.182 total
Exercise: $0.00→ Common Stock (6,418.182 underlying)
Exercise/Conversion
Phantom Stock
2018-02-23−9,600→ 0 total
Exercise: $0.00→ Common Stock (9,600 underlying)
Exercise/Conversion
Phantom Stock
2018-02-23−6,418.182→ 0 total
Exercise: $0.00→ Common Stock (6,418.182 underlying)
Exercise/Conversion
Common Stock
2018-02-23+6,418.182→ 6,418.182 total
Exercise/Conversion
Common Stock
2018-02-23+9,600→ 9,600 total
Disposition to Issuer
Common Stock
2018-02-23$62.55/sh−6,418.182$401,457→ 0 total

Footnotes (3)

[F1]On February 23, 2018, the stock unit award vested and will be settled for cash based on the average closing price of Vectren's common stock for the three consecutive trading days immediately preceding ten days before the Committee certified results which occurred on February 23, 2018.
[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, 2015 through December 31, 2017 and, subject to certain enumerated circumstances, and continued employment until certification by the Compensation Committee, which occurred February 23, 2018. The board of directors approved the acquisition in accordance with Rule 16b-3(d).
[F3]This represents the effect of the accumulation of dividends and the performance adjustment relating to the January 1, 2015 grant under the Vectren Corporation At Risk Compensation Plan. This grant is exempt under Section 16b-3 and was previously approved by the Board of Directors. This grant is subject to forfeiture as provided under the plan and plan agreement.

Documents

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