James J. Judge - Feb 2, 2022 Form 4 Insider Report for EVERSOURCE ENERGY (ES)

Role
Exec Chairman of the Board, Trustee
Signature
/s/ Kerry J. Tomasevich, attorney-in-fact for Mr. Judge
Stock symbol
ES
Transactions as of
Feb 2, 2022
Transactions value $
$0
Form type
4
Date filed
2/4/2022, 05:27 PM
Previous filing
Feb 4, 2022
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ES Common Shares, $5.00 par value Award $0 +15.9K +22.93% $0.00 85K Feb 2, 2022 Direct F1, F2
transaction ES Common Shares, $5.00 par value Award $0 +84.6K +99.53% $0.00 170K Feb 2, 2022 Direct F2, F3
holding ES Common Shares, $5.00 par value 28.8K Feb 2, 2022 401k Plan F4
holding ES Common Shares, $5.00 par value 138K Feb 2, 2022 James J. Judge Family Trust

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
holding ES Phantom Shares 98.6K Feb 2, 2022 Common Shares, $5.00 par value 98.6K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted share units (RSUs) which vest in three equal installments on February 2, 2023, 2024 and 2025. Restricted share units are distributable in Eversource Energy common shares on a one-for-one basis. RSU holders are entitled to receive dividend equivalents, exempt from line item reporting under SEC Rule 16a-11, to the same extent dividends are paid on common shares.
F2 Includes restricted share units and dividend equivalents thereon.
F3 Performance shares and dividend equivalent shares for the 2019-2021 Long-Term Incentive Program as determined on February 2, 2022.
F4 Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
F5 Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified deferred compensation plan, that is nominally invested as common shares. Each phantom share represents the right to receive one Eversource Energy common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents exempt from the line item reporting under SEC Rule 16a-11.