0001140361-11-025786.txt : 20110506
0001140361-11-025786.hdr.sgml : 20110506
20110506181006
ACCESSION NUMBER: 0001140361-11-025786
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110504
FILED AS OF DATE: 20110506
DATE AS OF CHANGE: 20110506
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McCarter Thomas N III
CENTRAL INDEX KEY: 0001315247
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06407
FILM NUMBER: 11820979
MAIL ADDRESS:
STREET 1: C/O SOUTHERN UNION COMPANY
STREET 2: 5444 WESTHEIMER ROAD
CITY: HOUSTON
STATE: TX
ZIP: 18711
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SOUTHERN UNION CO
CENTRAL INDEX KEY: 0000203248
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922]
IRS NUMBER: 750571592
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5444 WESTHEIMER RD
CITY: HOUSTON
STATE: TX
ZIP: 77056-5306
BUSINESS PHONE: (713) 989-2000
MAIL ADDRESS:
STREET 1: 5444 WESTHEIMER RD
CITY: HOUSTON
STATE: TX
ZIP: 77056-5306
4
1
doc1.xml
FORM 4
X0303
4
2011-05-04
0
0000203248
SOUTHERN UNION CO
SUG
0001315247
McCarter Thomas N III
C/O SOUTHERN UNION COMPANY
5444 WESTHEIMER ROAD
HOUSTON
TX
77056-5306
1
0
0
0
Common Stock
2011-05-04
4
A
0
1000
A
24631
D
Stock Options (right to purchase)
28.49
2011-05-04
4
A
0
10753
A
2021-05-04
Common Stock
10753
10753
D
Stock Options (right to purchase)
25.60
2020-05-04
Common Stock
10940
10940
D
Stock Options (right to purchase)
16.98
2019-05-28
Common Stock
14815
14815
D
The award of 1,000 shares of restricted stock was approved by the Compensation Committee of the Board of Directors (the "Compensation Committee") on May 4, 2011 ("Grant Date 2011") pursuant to the Southern Union Company Third Amended and Restated 2003 Stock and Incentive Plan(the "Plan"). The restrictions on the shares associated with this award expire on January 2, 2012. The expiration of the restrictions would be accelerated in the event of (i) a change of control of the Company or (ii) the death or disability of the Reporting Person.
On May 4, 2011, the Compensation Committee approved an award of stock options pursuant to the Company's Plan. The stock options were awarded at an exercise price of $28.49 per share, which is equal to the closing price on Grant Date 2011. The options awarded will vest in full on January 2, 2012 and will remain exercisable until the tenth anniversary of Grant Date 2011. The vesting of the options would be accelerated in the event of (i) a change of control of the Company or (ii)the death or disability of the Reporting Person.
The options are fully vested and exercisable.
Robert M. Kerrigan, III for Thomas N. McCarter, III
2011-05-06