Jeffery S. Sylvester - Feb 24, 2021 Form 4/A - Amendment Insider Report for CHESAPEAKE UTILITIES CORP (CPK)

Role
Senior Vice President
Signature
Beth W. Cooper, by Power of Attorney
Stock symbol
CPK
Transactions as of
Feb 24, 2021
Transactions value $
-$129,642
Form type
4/A - Amendment
Date filed
2/14/2022, 09:26 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 -$130K -1.23K -29.48% $105.40* 2.94K Feb 24, 2021 Direct F1, F2
* 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, 4,173 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, 1,043 deferred stock units were granted, 1,230 shares of Chesapeake stock were utilized to satisfy the tax liability associated with incentive award with the remaining 1,900 shares of Chesapeake common stock issued to the reporting person (1,043 deferred stock units + 1,230 shares to cover the tax liability + 1,900 issued to the reporting individual = 4,173 total shares comprising the incentive award).
F2 Includes 1,043 deferred stock units that will be settled on a one-for-one basis in common stock.