Filing Details

Accession Number:
0001127602-11-000986
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-05 15:15:13
Reporting Period:
2011-01-03
Filing Date:
2011-01-05
Accepted Time:
2011-01-05 15:15:13
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
1192334 M Cotton Cleveland C/O Northeast Utilities
One Federal Street, Building 111-4
Springfield MA 01105
No No No Yes
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 2011-01-03 3,000 $0.00 38,949 No 4 A Direct
Common Shares, $5.00 Par Value Acquisiton 2011-01-03 2,500 $21.03 41,449 No 4 M Direct
Common Shares, $5.00 Par Value Disposition 2011-01-03 2,500 $32.05 38,949 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A 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 2011-01-03 2,500 $0.00 2,500 $21.03
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2002-02-27 2011-02-27 No 4 M Direct
Footnotes
  1. Restricted share units, subject to full vesting on January 10, 2012, or pursuant to 2007 standing resolution, earlier vesting on termination not for cause providing for (i) full vesting on separation from the Board of Trustees at or after age 65, and (ii) for Trustees separating before age 65, prorated vesting for time worked in each month prior to January 10, 2012.
  2. Ms. Cleveland's total includes restricted share units receipt of which has been deferred, and dividend equivalents thereon. Ms. Cleveland beneficially owns 2,500 vested options to purchase Common Shares, the ownership of which was previously reported on Form 4.
  3. The options exercised to purchase 2,500 Common Shares were granted on February 27, 2001 that vested 50% on that date and 50% on February 27, 2002. The options exercised and the sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Cleveland.