- Statement of Changes in Beneficial Ownership (4)
10 Abril 2012 - 6:57PM
Edgar (US Regulatory)
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
MAY THOMAS J
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2. Issuer Name
and
Ticker or Trading Symbol
NSTAR/MA
[
NST
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Chr, President, CEO & Trustee
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(Last)
(First)
(Middle)
800 BOYLSTON STREET
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3. Date of Earliest Transaction
(MM/DD/YYYY)
4/10/2012
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(Street)
BOSTON, MA 02199
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Shares
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4/10/2012
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A
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36400
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A
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$0
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840026
(1)
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D
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Common Shares
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4/10/2012
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A
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77500
(2)
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A
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$0
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917526
(1)
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D
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Common Shares
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4/10/2012
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F
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28157
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D
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$47.65
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889369
(1)
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D
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Common Shares
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4/10/2012
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D
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689432
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D
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(3)
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199937
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D
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Common Shares
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4/10/2012
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D
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77500
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D
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(4)
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122437
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D
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Common Shares
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4/10/2012
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D
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122437
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D
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(5)
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0
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D
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Common Shares
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4/10/2012
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D
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45806
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D
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(6)
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0
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I
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By 401(k)
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Employee Stock Option
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$24.20
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4/10/2012
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D
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200000
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4/28/2007
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4/28/2014
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Common Shares
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200000
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(7)
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0
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D
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Employee Stock Option
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$29.60
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4/10/2012
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D
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200000
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6/9/2008
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6/9/2015
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Common Shares
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200000
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(8)
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0
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D
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Employee Stock Option
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$27.73
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4/10/2012
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D
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200000
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4/27/2009
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4/27/2016
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Common Shares
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200000
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(9)
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0
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D
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Employee Stock Option
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$36.89
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4/10/2012
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D
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186000
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5/3/2010
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5/3/2017
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Common Shares
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186000
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(10)
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0
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D
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Employee Stock Option
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$32.45
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4/10/2012
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D
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150000
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1/24/2011
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1/24/2018
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Common Shares
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150000
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(11)
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0
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D
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Employee Stock Option
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$34.02
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4/10/2012
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D
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159000
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1/22/2012
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1/22/2019
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Common Shares
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159000
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(12)
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0
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D
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Employee Stock Option
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$35.28
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4/10/2012
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D
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133000
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1/28/2013
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1/28/2020
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Common Shares
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133000
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(13)
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0
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D
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Explanation of Responses:
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(
1)
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Includes 689,432 Phantom Shares (deferred compensation obligations). Each Phantom Share is payable in one Common Share.
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(
2)
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Represents deferred share units of 40,000 shares that vest in three equal annual installments beginning on 01/27/2012 and 37,500 shares that vest in three equal annual installments beginning on 1/26/2013.
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(
3)
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Disposition of Phantom Shares pursuant to the merger agreement between issuer and Northeast Utilities ("NU") in exchange for 904,534 NU phantom shares having a market value of $36.79 per share at the effective time of the merger.
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(
4)
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Disposed of pursuant to the Merger in exchange for a total of 101,680 NU restricted shares subject to time vesting conditions.
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(
5)
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Disposed of pursuant to the Merger in exchange for a total of 160,637 NU common shares.
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(
6)
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Disposed of pursuant to the Merger in exchange for 60,097 NU common shares.
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(
7)
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This option was assumed by NU in the merger and replaced with an option to purchase 262,400 NU Common Shares at a price of $18.45 per share.
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(
8)
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This option was assumed by NU in the merger and replaced with an option to purchase 262,400 NU Common Shares at a price of $22.57 per share.
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(
9)
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This option was assumed by NU in the merger and replaced with an option to purchase 262,400 NU Common Shares at a price of $21.14 per share.
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(
10)
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This option was assumed by NU in the merger and replaced with an option to purchase 244,032 NU Common Shares at a price of $28.12 per share.
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(
11)
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This option was assumed by NU in the merger and replaced with an option to purchase 196,800 NU Common Shares at a price of $24.74 per share.
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(
12)
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This option was assumed by NU in the merger and replaced with an option to purchase 208,608 NU Common Shares at a price of $25.93 per share.
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(
13)
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This option was assumed by NU in the merger and replaced with an option to purchase 174,496 NU Common Shares at a price of $26.90 per share.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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MAY THOMAS J
800 BOYLSTON STREET
BOSTON, MA 02199
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Chr, President, CEO & Trustee
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Signatures
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/s/ Richard J. Morrison - Attorney in Fact for Thomas J. May
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4/10/2012
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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