Sandra L. Whitney - Jan 30, 2024 Form 4 Insider Report for UNITIL CORP (UTL)

Role: Corporate Secretary
Signature: /s/ Sandra L. Whitney
Stock symbol: UTL
Transactions as of: Jan 30, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/30/2024, 02:52 PM
Previous filing: Jan 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UTL	Common stock, no par value	Award	$0	+230		$0.00^*	0	Jan 30, 2024	Direct	F1
transaction	UTL	Common stock, no par value	Award	$0	+230	+6.79%	$0.00	3.62K	Jan 30, 2024	Direct	F2, F3
holding	UTL	Coomon stock, no par value						35.5	Jan 30, 2024	Held in trust	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	UTL	Contingent grant of common stock	Award		+115	+104.55%		225	Jan 30, 2024	Common stock	115		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares were granted pursuant to the Unitil Corporation Second Amended and Restated 2003 Stock Plan. Shares generally will vest 25% per year over four years from date of grant. Shares will be valued at current market price on date of vesting.
F2	Shares were granted pursuant to the Unitil Corporation Second Amended and Restated 2003 Stock Plan. Shares generally will vest after three-year performance period based on the attainment of certain performance thresholds of certain performance goals. Shares will be valued at current market price on date of vesting.
F3	Includes 22.390 shares of common stock acquired on February 28, 2023, 22.980 shares of common stock acquired on May 30, 2023, 22.390 shares of common stock acquired on August 28, 2023, and 25.650 shares of common stock acquired on November 28, 2023, in each case resulting from the reinvestment of dividends pursuant to Unitil Corporation's Dividend Reinvestment and Stock Purchase Plan.
F4	Shares are held in trust under the terms of the Unitil Corporation Tax Deferred Savings and Investment Plan.
F5	Shares may be granted pursuant to the Unitil Corporation Second Amended and Restated 2003 Stock Plan. Any such shares would be granted after a three-year performance period based on the attainment of certain performance thresholds of certain performance goals. Any such shares would be valued at current market price on date of grant.