Penelope M. Conner - 31 Jan 2024 Form 4 Insider Report for EVERSOURCE ENERGY (ES)

Role
EVP-Cust Exp & Energy Strategy
Signature
/s/ Kerry J. Tomasevich, attorney-in-fact for Ms. Conner
Issuer symbol
ES
Transactions as of
31 Jan 2024
Transactions value $
$0
Form type
4
Filing time
02 Feb 2024, 18:44:35 UTC
Previous filing
21 Nov 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ES Common Shares, $5.00 par value Award $0 +2,040 +25.27% $0 10,113 31 Jan 2024 Direct F1, F2
transaction ES Common Shares, $5.00 par value Award $0 +3,869 +38.26% $0 13,982 31 Jan 2024 Direct F2, F3
holding ES Common Shares, $5.00 par value 623 31 Jan 2024 By 401k Plan Trustee 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
holding ES Phantom Shares 15,608 31 Jan 2024 Common Shares, $5.00 par value 15,608 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance shares and dividend equivalent shares for the 2021-2023 Long-Term Incentive Program as determined on January 31, 2024.
F2 Includes restricted share units and dividend equivalents thereon.
F3 Grant of restricted share units (RSUs) which vest in three equal installments on February 15, 2025, 2026 and 2027. Restricted share units are distributable in Eversource Energy common shares on a one-for-one basis. RSU holders are entitled to receive dividend equivalents, exempt from line item reporting under SEC Rule 16a-11, to the same extent dividends are paid on common shares.
F4 Shares held in trust under the Eversource 401k Plan, a qualified plan, according to information supplied by the Plan's record keeper.
F5 Reporting Person's deferred compensation under the Eversource Deferred Compensation Plan, a non-qualified plan, that is nominally invested as common shares. Each phantom share represents the right to receive one common share upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents and are exempt from the line item reporting under SEC rule 16a-11. Shares of phantom stock may be transferred by the reporting person into an alternative investment at any time.