Michael B. Green - Oct 2, 2023 Form 4 Insider Report for UNITIL CORP (UTL)

Role
Director
Signature
/s/ Sandra L. Whitney, attorney-in-fact for Michael B. Green
Stock symbol
UTL
Transactions as of
Oct 2, 2023
Transactions value $
$79,966
Form type
4
Date filed
10/3/2023, 02:30 PM
Previous filing
Oct 4, 2022
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UTL Common stock, no par value 5.53K Oct 2, 2023 Direct

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
transaction UTL Restricted stock units Award $80K +1.89K +12.23% $42.31 17.3K Oct 2, 2023 Common stock 1.89K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is equivalent in value to one share of Unitil Corporation's common stock, no par value ("Common Stock"), and represents the right to receive a combination of cash and Common Stock after separation from service on Unitil Corporation's Board of Directors. Each restricted stock unit is fully vested upon grant and is payable 70% in Common Stock and 30% in cash, based upon the closing price of Common Stock on the day prior to settlement.