Beth W. Cooper - Feb 24, 2021 Form 4/A - Amendment Insider Report for CHESAPEAKE UTILITIES CORP (CPK)

Signature
Beth W. Cooper
Stock symbol
CPK
Transactions as of
Feb 24, 2021
Transactions value $
-$244,423
Form type
4/A - Amendment
Date filed
2/14/2022, 09:19 AM
Date Of Original Report
Feb 26, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPK Common Stock Tax liability -$244K -2.32K -3.07% $105.40* 73.2K Feb 24, 2021 Direct F1, F2
holding CPK Common Stock 12.7K Feb 24, 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, 6,813 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, 1,331 deferred stock units were granted, 2,319 shares of Chesapeake stock were utilized to satisfy the tax liability associated with incentive award with the remaining 3,163 shares of Chesapeake common stock issued to the reporting person (1,331 deferred stock units + 2,319 shares to cover the tax liability + 3,163 issued to the reporting individual = 6,813 total shares comprising the incentive award).
F2 Includes 22,559 deferred stock units that will be settled on a one-for-one basis in common stock.