Armando Pimentel Jr - 15 Feb 2024 Form 4 Insider Report for NEXTERA ENERGY INC (NEE)

Role
Director, Pres. & CEO of Sub
Signature
W. Scott Seeley (Attorney-in-Fact)
Issuer symbol
NEE
Transactions as of
15 Feb 2024
Transactions value $
-$119,064
Form type
4
Filing time
20 Feb 2024, 16:25:39 UTC
Previous filing
15 Dec 2023
Next filing
26 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEE Common Stock Award $0 +21K +16.21% $0.00 150K 15 Feb 2024 Direct F1
transaction NEE Common Stock Tax liability -$119K -2.08K -1.38% $57.27 148K 15 Feb 2024 Direct F2
holding NEE Common Stock 9.79K 15 Feb 2024 By Retirement Savings Plan Trust

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 NEE Phantom Shares Award +389 389 15 Feb 2024 Common Stock 0 Direct F3
transaction NEE Employee Stock Option (Right to Buy) Award $0 +106K $0.00 106K 15 Feb 2024 Common Stock 106K $57.27 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock grant made pursuant to Issuer's 2021 Long Term Incentive Plan, exempt under Rule 16b-3.
F2 Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted on February 16, 2023.
F3 Annual credit of phantom shares to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the NextEra Energy, Inc. Supplemental Executive Retirement Plan ("SERP") in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Retirement Savings Plan plus (b) theoretical earnings, by the closing price of the Issuer's common stock on the last business day of the relevant year ($60.74 in 2023). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
F4 Options to buy 106,477 shares become exercisable in three substantially equal annual installments beginning on February 15, 2025.