Sandra L. Whitney - Jan 28, 2025 Form 4 Insider Report for UNITIL CORP (UTL)

Role: Corporate Secretary
Signature: /s/ Sandra L. Whitney
Stock symbol: UTL
Transactions as of: Jan 28, 2025
Transactions value $: $0
Form type: 4
Date filed: 1/29/2025, 03:06 PM
Previous filing: Jan 30, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UTL	Common stock, no par value	Award	$0	+220		$0.00	0	Jan 28, 2025	Direct	F1
transaction	UTL	Common stock, no par value	Award	$0	+220	+5.57%	$0.00	4.17K	Jan 28, 2025	Direct	F2, F3
holding	UTL	Common stock, no par value						33.7	Jan 28, 2025	Held in trust	F4

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	UTL	Contingent grant of common stock	Award		+110	+48.89%		335	Jan 28, 2025	Common stock	110		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares were granted pursuant to the Unitil Corporation Third Amended and Restated 2003 Stock Plan. Shares generally will vest 25% per year over four years from date of grant. Shares will be valued at current market price on date of vesting.
F2	Shares were granted pursuant to the Unitil Corporation Third Amended and Restated 2003 Stock Plan. Shares generally will vest after three-year performance period based on the attainment of certain performance thresholds of certain performance goals. Shares will be valued at current market price on date of vesting.
F3	Includes 30.575 shares of common stock acquired on February 29, 2024, 30.301 shares of common stock acquired on May 31, 2024, 26.147 shares of common stock acquired on August 29, 2024 and 26.106 shares of common stock acquired on November 29, 2024, in each case resulting from the reinvestment of dividends pursuant to Unitil Corporation's Dividend reinvestment and Stock Purchase Plan.
F4	Shares are held in trust under the terms of the Unitil Corporation Tax Deferred Savings and Investment Plan.
F5	Shares may be granted pursuant to the Unitil Corporation Third Amended and Restated 2003 Stock Plan. Any such shares would be granted after a three-year performance period based on the attainment of certain performance thresholds of certain performance goals. Any such shares would be valued at current market price on date of grant.