JAY S. BUTH - 01 Feb 2023 Form 4 Insider Report for EVERSOURCE ENERGY (ES)

Role
VP, Controller, Chief Acct Off
Signature
/s/ Kerry J. Tomasevich, attorney-in-fact for Mr. Buth
Issuer symbol
ES
Transactions as of
01 Feb 2023
Net transactions value
$0
Form type
4
Filing time
03 Feb 2023, 15:46:32 UTC
Previous filing
02 Jun 2022
Next filing
17 Feb 2023
SEC
View on sec.gov

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 +1,642 +9.3% $0.000000 19,391 01 Feb 2023 Direct F1, F2
transaction ES Common Shares, $5.00 par value Award $0 +870 +4.5% $0.000000 20,261 01 Feb 2023 Direct F2, F3
holding ES Common Shares, $5.00 par value 153 01 Feb 2023 401k Plan F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance shares and dividend equivalent shares for the 2020-2022 Long-Term Incentive Program as determined on February 1, 2023. The reporting person elected to defer receipt of 25% of these shares (409 shares).
F2 Includes deferred shares, restricted share units and dividend equivalents thereon.
F3 Grant of restricted share units (RSUs) which vest in three equal installments on February 1, 2024, 2025 and 2026. Restricted share units are distributable in Eversource Energy common shares on a one-for-one basis. Reporting person elected to defer receipt of 50% of the shares upon vesting (435 shares). 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.
F4 Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.