David A. Whiteley - Oct 2, 2023 Form 4 Insider Report for UNITIL CORP (UTL)

Role
Director
Signature
/s/ Sandra L. Whitney, attorney-in-fact for David A. Whiteley
Stock symbol
UTL
Transactions as of
Oct 2, 2023
Transactions value $
$79,986
Form type
4
Date filed
10/4/2023, 03:13 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
transaction UTL Common stock, no par value Award $80K +1.91K +37.51% $41.79 7.02K Oct 2, 2023 Direct 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 UTL Restricted stock units 9.25K Oct 2, 2023 Common stock 0 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were purchased on my behalf by Unitil Corporation and transferred into my name in connection with the stock portion of my annual Retainer Fee received as a Director of the Company.
F2 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.