Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | PEG | Common Stock | 6K | Sep 16, 2024 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | PEG | Phantom Stock | Sep 16, 2024 | Common Stock | 2.61K | Direct | F1, F2, F3, F4 |
Id | Content |
---|---|
F1 | LTIP Restricted Stock Unit Grant. Phantom stock represents the share equivalent of amount deferred under the Equity Deferral Plan upon vesting. |
F2 | The LTIP Restricted Stock Unit Grant has a 3-year graded vesting (1/3 per year) starting from the grant date. Date shown is the vesting of the first tranche of the award. |
F3 | Phantom stock does not have a corresponding expiration date. |
F4 | Phantom stock converts into common stock on a one-for-one basis upon vesting in three annual installments with the first vesting on February 13, 2025, the first anniversary of the grant date. The second tranche will vest on February 13, 2026 and third tranche will vest on February 13, 2027. |