Joseph R. Nolan Jr - Feb 1, 2023 Form 4 Insider Report for EVERSOURCE ENERGY (ES)

Role
Chairman of the Bd, Pres & CEO, Trustee
Signature
/s/ Kerry J. Tomasevich, attorney-in-fact for Mr. Nolan
Stock symbol
ES
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 03:56 PM
Previous filing
Mar 4, 2022
Next filing
Feb 17, 2023

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 +8.97K +20% $0.00 53.8K Feb 1, 2023 Direct F1, F2
transaction ES Common Shares, $5.00 par value Award $0 +23.4K +43.49% $0.00 77.2K Feb 1, 2023 Direct F2, F3
holding ES Common Shares, $5.00 par value 21.5K Feb 1, 2023 401k Plan 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
holding ES Phantom Shares 64.5K Feb 1, 2023 Common Shares, $5.00 par value 64.5K Direct F5
* 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.
F2 Includes 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. 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.
F5 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.