Beth W. Cooper - 24 Feb 2021 Form 4/A - Amendment Insider Report for CHESAPEAKE UTILITIES CORP (CPK)

Signature
Beth W. Cooper
Issuer symbol
CPK
Transactions as of
24 Feb 2021
Net transactions value
-$244,423
Form type
4/A - Amendment
Filing time
14 Feb 2022, 09:19:01 UTC
Date Of Original Report
26 Feb 2021
Next filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPK Common Stock Tax liability $244,423 -2,319 -3.1% $105.40* 73,182 24 Feb 2021 Direct F1, F2
holding CPK Common Stock 12,728 24 Feb 2021 401k Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As reported on February 26, 2021, 6,813 shares of common stock were earned pursuant to a performance share agreement in place with the reporting individual. The reporting individual previously elected to receive a portion of the award in deferred stock units in lieu of shares. Accordingly, 1,331 deferred stock units were granted, 2,319 shares of Chesapeake stock were utilized to satisfy the tax liability associated with incentive award with the remaining 3,163 shares of Chesapeake common stock issued to the reporting person (1,331 deferred stock units + 2,319 shares to cover the tax liability + 3,163 issued to the reporting individual = 6,813 total shares comprising the incentive award).
F2 Includes 22,559 deferred stock units that will be settled on a one-for-one basis in common stock.