Sitherwood Suzanne - Nov 23, 2023 Form 4 Insider Report for SPIRE INC (SR)

Role
Executive Vice President, Director
Signature
/s/Courtney Vomund as attorney in fact for Sitherwood Suzanne
Stock symbol
SR
Transactions as of
Nov 23, 2023
Transactions value $
$1,683,998
Form type
4
Date filed
11/27/2023, 08:05 PM
Previous filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SR Common Stock 120K Nov 23, 2023 Irrevocable Trust F1

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 $348K +5.74K +6.07% $60.63 100K Nov 23, 2023 Common Stock 5.74K Direct F2, F3
transaction SR Phantom Stock Award $348K +5.74K +5.72% $60.63 106K Nov 23, 2023 Common Stock 5.74K Direct F4
transaction SR Phantom Stock Award $348K +5.74K +5.41% $60.63 112K Nov 23, 2023 Common Stock 5.74K Direct F5
transaction SR Phantom Stock Award $348K +5.74K +5.13% $60.63 118K Nov 23, 2023 Common Stock 5.74K Direct F6
transaction SR Phantom Stock Award $348K +5.74K +4.88% $60.63 123K Nov 23, 2023 Common Stock 5.74K Direct F7
transaction SR Phantom Stock Tax liability -$56.4K -930 -0.75% $60.63 122K Nov 23, 2023 Common Stock 930 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Carl Bouckhaert (Ms. Sitherwood's partner) and Mr. Marc Dearth (no relation to Ms. Sitherwood) are co-trustees of this irrevocable trust. The beneficiaries of the trust are Mr. Bouckhaert and Ms. Sitherwood's heirs. Ms. Sitherwood has limited dispositive power over the shares and no voting power over the shares.
F2 Represents phantom stock vesting to the reporting person pursuant to her election to defer into her deferred income plan account 5,741 shares of performance contingent stock awarded to her. 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.
F3 Ms. Sitherwood's total phantom shares has been corrected to include the additional shares that were inadvertently left out of her total on last year's Form 4 due to a typographical error in Column 5.
F4 Represents phantom stock vesting to the reporting person pursuant to her election to defer into her deferred income plan account 5,741 shares of performance contingent stock awarded to her. 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 her election to defer into her deferred income plan account 5,741 shares of performance contingent stock awarded to her. 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 her election to defer into her deferred income plan account 5,741 shares of performance contingent stock awarded to her. 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.
F7 Represents phantom stock vesting to the reporting person pursuant to her election to defer into her deferred income plan account 5,741 shares of performance contingent stock awarded to her. 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 2028 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.
F8 Represents the number of shares of phantom stock withheld for the payment of taxes.