Joseph R. Nolan Jr - Feb 24, 2022 Form 4 Insider Report for EVERSOURCE ENERGY (ES)

Role
President and CEO, Trustee
Signature
/s/ Kerry J. Tomasevich, attorney-in-fact for Mr. Nolan
Stock symbol
ES
Transactions as of
Feb 24, 2022
Transactions value $
-$457,637
Form type
4
Date filed
2/28/2022, 03:49 PM
Previous filing
Feb 17, 2022
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ES Common Shares, $5.00 par value Tax liability -$458K -5.74K -11.25% $79.70 45.3K Feb 24, 2022 Direct F1, F2
transaction ES Common Shares, $5.00 par value Award $0 +12.9K +30.99% $0.00 54.6K Feb 2, 2022 Direct F2, F3, F4
holding ES Common Shares, $5.00 par value 20.8K Feb 24, 2022 401k Plan F5

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 62.6K Feb 24, 2022 Common Shares, $5.00 par value 62.6K Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition of common shares to satisfy tax withholding obligations.
F2 Includes restricted share units and dividend equivalents thereon.
F3 This line re-reports a line from a Form 4 filed by the reporting person on February 4, 2022 to reflect the number of dividend equivalents received in connection with the performance share award determined on February 2, 2022 because the original report inadvertently misreported the dividends.
F4 Performance shares and dividend equivalent shares for the 2019-2021 Long-Term Incentive Program as determined on February 2, 2022.
F5 Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
F6 Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified plan, that is nominally invested as common shares. Each phantom share represents the right to receive one common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents and are exempt from the line item reporting under SEC rule 16a-11.