Gorla Gerard J. - Nov 29, 2024 Form 4 Insider Report for SPIRE INC (SR)

Signature
Courtney Vomund as attorney in fact for Gorla Gerard J
Stock symbol
SR
Transactions as of
Nov 29, 2024
Transactions value $
$94,488
Form type
4
Date filed
12/3/2024, 04:29 PM
Previous filing
Aug 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SR Common Stock Tax liability -$20.3K -278 -3.8% $73.19 7.03K Nov 29, 2024 Direct F1
transaction SR Common Stock Award $73K +997 +14.18% $73.19 8.03K Nov 29, 2024 Direct F2
transaction SR Common Stock Tax liability -$29.3K -401 -4.99% $73.19 7.63K Nov 29, 2024 Direct F3
holding SR Common Stock 5.59K Nov 29, 2024 Held in 401(k) F4
holding SR Common Stock 100 Nov 29, 2024 Held in a brokerage account F5

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 $14.6K +200 +13.11% $73.19 1.73K Nov 29, 2024 Common Stock 200 Direct F6
transaction SR Phantom Stock Award $14.6K +200 +11.59% $73.19 1.93K Nov 29, 2024 Common Stock 200 Direct F7
transaction SR Phantom Stock Award $14.6K +199 +10.33% $73.19 2.13K Nov 29, 2024 Common Stock 199 Direct F8
transaction SR Phantom Stock Award $14.6K +199 +9.36% $73.19 2.32K Nov 29, 2024 Common Stock 199 Direct F9
transaction SR Phantom Stock Award $14.6K +199 +8.56% $73.19 2.52K Nov 29, 2024 Common Stock 199 Direct F10
transaction SR Phantom Stock Tax liability -$1.76K -24 -0.95% $73.19 2.5K Nov 29, 2024 Common Stock 24 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld for the payment of taxes incident to the vesting of 690 time-vested restricted stock.
F10 Represents phantom stock vesting to the reporting person pursuant to his election to defer into his deferred income plan account 199 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.
F11 Represents the number of shares of phantom stock withheld for the payment of taxes.
F2 Represents performance contingent restricted units that vested and settled in stock based on performance metrics not tied to the market price of the Company's stock.
F3 Represents the number of shares withheld for the payment of taxes incident to the vesting of 997 shares of performance contingent restricted units.
F4 Shares held in Company stock fund of 401(k) plan as reported by trustee as of November 29, 2024.
F5 Shares held in a brokerage account over which Mr. Gorla and his wife share voting and dispositive power.
F6 Represents phantom stock vesting to the reporting person pursuant to his election to defer into his deferred income plan account 200 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 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.
F7 Represents phantom stock vesting to the reporting person pursuant to his election to defer into his deferred income plan account 200 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 2034 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 phantom stock vesting to the reporting person pursuant to his election to defer into his deferred income plan account 199 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.
F9 Represents phantom stock vesting to the reporting person pursuant to his election to defer into his deferred income plan account 199 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.