0001140361-11-036461.txt : 20110711 0001140361-11-036461.hdr.sgml : 20110711 20110711175026 ACCESSION NUMBER: 0001140361-11-036461 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110708 FILED AS OF DATE: 20110711 DATE AS OF CHANGE: 20110711 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LINDEMANN GEORGE L CENTRAL INDEX KEY: 0000897631 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06407 FILM NUMBER: 11962620 MAIL ADDRESS: STREET 1: 767 FIFTH AVENUE STREET 2: 50TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10153 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 2011-07-08 0 0000203248 SOUTHERN UNION CO SUG 0000897631 LINDEMANN GEORGE L 5444 WESTHEIMER ROAD HOUSTON TX 77056-5306 1 1 0 0 Chairman & CEO Common Stock 2011-07-08 4 A 0 515.9041 42.30 A 145404.2298 I Issuer's Supplemental Deferred Compensation Plan Common Stock 4310870 D Common Stock 29870.407 I 401(K) Plan Common Stock 3289220 I Owned by Spouse Employee Stock Option (right to purchase) 28.48 2017-12-17 Common Stock 441469 441469 D Employee Stock Option (right to purchase) 12.55 2018-12-15 Common Stock 500000 500000 D Employee Stock Options (right to purchase) 21.64 2019-12-15 Common Stock 464176 464176 D Employee Stock Options (right to purchase) 24.80 2020-12-13 Common Stock 482517 482517 D This amount reflects shares acquired from reinvested dividend proceeds awarded to the reporting Person as part of the Company's quarterly cash dividend. The Company makes separate filings for these dividend transactions. This information concerns shares held under the Issuer's Supplemental Deferred Compensation Plan. This report reflects shares purchased for the plan by the plan trustee, at the sold discretion of the trustee, at such prices as were available in the open market at the time of such purchases. On December 15, 2010, restrictions expired on 11,941 restricted shares awarded to the Reporting Person on Grant Date 2009. To cover the cost of the taxes associated with the expiration of the restrictions on the shares 5,519 were withheld. The Reporting Person held the remaining 6,422 shares. On December 15, 2009 ("Grant Date 2009"), the Reporting Person was awarded a grant of 35,824 shares of restricted stock. The restrictions on the restricted stock will expire in equal installments on the first, second and third anniversaries of Grant Date 2009. The expiration of the restrictions on the restricted shares will be accelerated upon (i) a change in control of the Company or (ii) the death, disability or termination of employment without cause of the Reporting Person. To date, 11,941 restricted shares awarded on Grant Date 2009 have expired. Includes 58,022 shares of restricted stock, which restrictions expire in full on December 17, 2012. The expiration of the restrictions on the restricted shares will be accelerated upon (i) a change in control of the Company or (ii) the death, disability or termination of employment without cause of the Reporting Person. This information concerns shares held under the Issuer's 401(k) Plan. Information reported herein is based on a plan statement for the period ended December 31, 2010. The Reporting Person disclaims beneficial interest in these shares except to the extent of his pecuniary interest therein. Each stock option was awarded at an exercise price of $28.48 per share, which price is equal to the closing price on December 17, 2007 ("Grant Date 2007"). The options will vest in full on the fifth anniversary of Grant Date 2007. The vesting of the options will be accelerated in the event of (i) a change of control of the Company or (ii) the death, disability or termination without cause of the Reporting Person. The expiration of the options shall not be accelerated, except in the event of a termination of employment with cause or by a voluntary termination of employment. Each stock option was awarded at an exercise price of $12.55 per share, which price is equal to the closing price on December 15, 2008 ("Grant Date 2008"). The options awarded will vest in equal installments on the first, second and third anniversaries of Grant Date 2008. The vesting of the options will be accelerated in the event of (i) a change of control of the Company or (ii) the death, disability or termination without cause of the Reporting Person. The expiration of the options shall not be accelerated, except in the event of a termination of employment with cause or by a voluntary termination of employment. To date, 333,333 options are fully vested and exerciseable. Each stock option was awarded at an exercise price of $21.64 per share, which price is equal to the closing price on Grant Date 2009. The options awarded will vest in equal installments on the first, second and third anniversaries of Grant Date 2009. The vesting of the options will be accelerated in the event of (i) a change of control of the Company or (ii) the death, disability or termination without cause of the Reporting Person. The expiration of the options shall not be accelerated, except in the event of a termination of employment with cause or by a voluntary termination of employment. 154,725 options of the award are fully vested and exerciseable. Each stock option was awarded at an exercise price of $24.80 per share, which price is equal to the closing price on December 13, 2010 ("Grant Date 2010"). The vesting of the options will be accelerated in the event of (i) a change of control of the Company or (ii) the death, disability or termination without cause of the Reporting Person. The expiration of the options shall not be accelerated, except in the event of a termination of employment with cause or by a voluntary termination of employment. Robert M. Kerrigan, III for George L. Lindemann 2011-07-08