Rasche Steven P - 18 Nov 2022 Form 4 Insider Report for SPIRE INC (SR)

Signature
/s/Courtney Vomund as attorney in fact for Rasche Steven P
Issuer symbol
SR
Transactions as of
18 Nov 2022
Net transactions value
+$449,224
Form type
4
Filing time
22 Nov 2022, 16:44:02 UTC
Previous filing
11 May 2022
Next filing
13 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SR Common Stock Award $150,223 +2,120 +5.8% $70.86 38,535 18 Nov 2022 Direct F1
holding SR 5.9% Series A Cumulative Redeemable Perpet. Perferred Stock 9,500 18 Nov 2022 Direct
holding SR Common Stock 4,738 18 Nov 2022 Held in 401(k)
holding SR Common Stock 34,065 18 Nov 2022 Held in revocable trust F2

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
transaction SR Phantom Stock Award $74,696 +1,031 +11% $72.45 10,717 21 Nov 2022 Common Stock 0 Direct F3
transaction SR Phantom Stock Award $74,768 +1,032 +9.6% $72.45 11,749 21 Nov 2022 Common Stock 0 Direct F4
transaction SR Phantom Stock Award $74,768 +1,032 +8.8% $72.45 12,781 21 Nov 2022 Common Stock 0 Direct F5
transaction SR Phantom Stock Award $74,768 +1,032 +8.1% $72.45 13,813 21 Nov 2022 Common Stock 0 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of time-vested restricted stock that vests on November 18, 2025.
F2 Held in a revocable trust of which Mr. Rasche and his spouse are trustees. These shares are included in the 38,535 shares above.
F3 Represents phantom stock vesting to the reporting person pursuant to his election to defer into his deferred income plan account 1,031 shares of performance contingent stock awarded to him. Each share of phantom stock is the economic equivalent of one share of Spire Inc. common stock. Shares of phantom stock are payable in cash to the reporting person in January 2024 and can be transferred to other investments within the reporting person's deferred income plan account at any time at least six months after this vesting.
F4 Represents phantom stock vesting to the reporting person pursuant to his election to defer into his deferred income plan account 1,032 shares of performance contingent stock awarded to him. Each share of phantom stock is the economic equivalent of one share of Spire Inc. common stock. Shares of phantom stock are payable in cash to the reporting person in January 2025 and can be transferred to other investments within the reporting person's deferred income plan account at any time at least six months after this vesting.
F5 Represents phantom stock vesting to the reporting person pursuant to his election to defer into his deferred income plan account 1,032 shares of performance contingent stock awarded to him. Each share of phantom stock is the economic equivalent of one share of Spire Inc. common stock. Shares of phantom stock are payable in cash to the reporting person in January 2026 and can be transferred to other investments within the reporting person's deferred income plan account at any time at least six months after this vesting.
F6 Represents phantom stock vesting to the reporting person pursuant to his election to defer into his deferred income plan account 1,032 shares of performance contingent stock awarded to him. Each share of phantom stock is the economic equivalent of one share of Spire Inc. common stock. Shares of phantom stock are payable in cash to the reporting person in January 2027 and can be transferred to other investments within the reporting person's deferred income plan account at any time at least six months after this vesting.