Filing Details

Accession Number:
0001127602-14-002716
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-01-23 17:00:34
Reporting Period:
2014-01-21
Filing Date:
2014-01-23
Accepted Time:
2014-01-23 17:00:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
72741 Northeast Utilities NU Electric Services (4911) 042147929
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1214401 Jr R Joseph Nolan C/O Northeast Utilities
One Federal Street, Building 111-4
Springfield MA 01105
Svp-Corporate Relations No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares, $5.00 Par Value Acquisiton 2014-01-21 6,560 $24.74 63,249 No 4 M Direct
Common Shares, $5.00 Par Value Acquisiton 2014-01-21 13,995 $25.93 77,244 No 4 M Direct
Common Shares, $5.00 Par Value Acquisiton 2014-01-21 18,368 $26.90 95,612 No 4 M Direct
Common Shares, $5.00 Par Value Disposition 2014-01-21 38,923 $43.00 56,689 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares, $5.00 Par Value Employee Stock Option (Right to Buy) Disposition 2014-01-21 6,560 $0.00 6,560 $24.74
Common Shares, $5.00 Par Value Employee Stock Option (Right to Buy) Disposition 2014-01-21 13,995 $0.00 13,995 $25.93
Common Shares, $5.00 Par Value Employee Stock Option (Right to Buy) Disposition 2014-01-21 18,368 $0.00 18,368 $26.90
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-01-24 2018-01-24 No 4 M Direct
0 2012-01-22 2019-01-22 No 4 M Direct
0 2013-01-28 2020-01-28 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares, $5.00 Par Value 15,109 Indirect 401k Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares, $5.00 Par Value Phantom Shares $0.00 48,984 48,984 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
48,984 48,984 Direct
Footnotes
  1. Includes restricted share units and dividend equivalents thereon.
  2. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2013.
  3. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.00 to $43.02, inclusive. The reporting person undertakes to provide Northeast Utilities, any security holder of Northeast Utilities, or the staff of the Securities and Exchange Commission, upon request, full information regarding number of shares sold within the range set forth above.
  4. Shares held in trust under the Northeast Utilities Service Company 401k Plan, a qualified plan, according to information supplied by the plan's record keeper.
  5. Reporting Person's deferred compensation under the NSTAR Deferred Plan which was merged into the NU Deferred Compensation Plan effective January 1, 2014, which deferred compensation is nominally invested as common shares. Each phantom share represents the right to receive one NU Common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend equivalents exempt from the line item reporting under SEC Rule 16a-11.