Jeffry M. Householder - 24 Feb 2021 Form 4/A - Amendment Insider Report for CHESAPEAKE UTILITIES CORP (CPK)

Role: President & CEO, Director
Signature: Beth W. Cooper, by Power of Attorney
Issuer symbol: CPK
Transactions as of: 24 Feb 2021
Net transactions value: -$476,619
Form type: 4/A - Amendment
Filing time: 14 Feb 2022, 09:10:10 UTC
Date Of Original Report: 26 Feb 2021
Next filing: 14 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPK	Common Stock	Tax liability	$476,619	-4,522	-14%	$105.40^*	27,887	24 Feb 2021	Direct	F1, F2
holding	CPK	Common Stock						295	24 Feb 2021	401k Plan

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As reported on February 26, 2021, 13,476 shares of common stock were earned pursuant to a performance share agreement in place with the reporting individual. The reporting individual previously elected to receive a portion of the award in deferred stock units in lieu of shares. Accordingly, 1,358 deferred stock units were granted, 4,522 shares of Chesapeake stock were utilized to satisfy the tax liability associated with incentive award with the remaining 7,596 shares of Chesapeake common stock issued to the reporting person (1,358 deferred stock units + 4,522 shares to cover the tax liability + 7,596 issued to the reporting individual = 13,476 total shares comprising the incentive award).
F2	Includes 15,613 deferred stock units that will be settled on a one-for-one basis in common stock.

Content

As reported on February 26, 2021, 13,476 shares of common stock were earned pursuant to a performance share agreement in place with the reporting individual. The reporting individual previously elected to receive a portion of the award in deferred stock units in lieu of shares. Accordingly, 1,358 deferred stock units were granted, 4,522 shares of Chesapeake stock were utilized to satisfy the tax liability associated with incentive award with the remaining 7,596 shares of Chesapeake common stock issued to the reporting person (1,358 deferred stock units + 4,522 shares to cover the tax liability + 7,596 issued to the reporting individual = 13,476 total shares comprising the incentive award).

Includes 15,613 deferred stock units that will be settled on a one-for-one basis in common stock.