Joseph R. Nolan Jr - Jan 31, 2024 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
Jan 31, 2024
Transactions value $
$0
Form type
4
Date filed
2/2/2024, 06:52 PM
Previous filing
Jan 12, 2024
Next filing
Feb 20, 2024

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 +9.15K +13.34% $0.00 77.7K Jan 31, 2024 Direct F2, F3
transaction ES Common Shares, $5.00 par value Award $0 +37.5K +48.31% $0.00 115K Jan 31, 2024 Direct F3, F4
holding ES Common Shares, $5.00 par value 22.4K Jan 31, 2024 401k Plan F1

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 67.2K Jan 31, 2024 Common Shares, $5.00 par value 67.2K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
F2 Performance shares and dividend equivalent shares for the 2021-2023 Long-Term Incentive Program as determined on January 31, 2024.
F3 Includes restricted share units and dividend equivalents thereon.
F4 Grant of restricted share units (RSUs) which vest in three equal installments on February 15, 2025, 2026 and 2027. 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.
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. Shares of phantom stock may be transferred by the reporting person into an alternative investment at any time.