-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JNftJ+NG9quBTYsBeXcw8gffynlUZpAj64WOqJUeLMf0z+lspaGc4z6PWUP7ScU8 MIKrDxi+vlJZXIOKj0lmQg== 0000043704-01-000006.txt : 20010129 0000043704-01-000006.hdr.sgml : 20010129 ACCESSION NUMBER: 0000043704-01-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010126 ITEM INFORMATION: FILED AS OF DATE: 20010126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREEN MOUNTAIN POWER CORP CENTRAL INDEX KEY: 0000043704 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 030127430 STATE OF INCORPORATION: VT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-08291 FILM NUMBER: 1516413 BUSINESS ADDRESS: STREET 1: 163 ACORN LANE STREET 2: P.O.BOX 850 CITY: COLCHESTER STATE: VT ZIP: 05446 BUSINESS PHONE: 8028645731 MAIL ADDRESS: STREET 1: 25 GREEN MOUNTAIN DR STREET 2: P O BOX 850 CITY: SOUTH BURLINGTON STATE: VT ZIP: 05403 8-K 1 0001.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 ----------- DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JANUARY 26, 2001 GREEN MOUNTAIN POWER CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) VERMONT 03-0127430 (STATE OR OTHER JURISDICTION OF INCORPORATION) (I.R.S. EMPLOYER IDENTIFICATION NUMBER) 1-8291 COMMISSION FILE NUMBER 163 ACORN LANE, COLCHESTER, VERMONT 05446 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (802) 864-5731 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) Item 5. Other Events-Announcement of Union Vote to End Strike COLCHESTER, VT -- Green Mountain Power Corporation (NYSE: GMP) announced Friday that its 101 union employees voted to ratify a new contract, thus ending the strike that began January 4, 2001. The contract ratification followed an agreement worked out Tuesday during 10 hours of negotiations with a federal mediator. "We are very pleased that the union members accepted the contract and will be returning to work. The new agreement enhances benefits to employees, while giving us flexibility necessary to improve service to customers. We welcome our 101 employees back and look forward to working together again to serve our customers," said Christopher L. Dutton, President and Chief Executive Officer of Green Mountain Power. The contract ratified Friday by Local 300 of the International Brotherhood of Electrical Workers provides for wage increases of 3 percent, 3.5 percent and 4 percent over three years; allows the Company to establish two second-shift crews to provide faster service in the late afternoon and evening hours; provides the opportunity for the Company to offer voluntary 10-hour/4-day work weeks; and gives union employees healthcare benefits with at least 90 percent of the cost paid by the Company. The creation of the second-shift crews was one of the more difficult issues in contract negotiations. Under the provisions ratified by the members, the second shift will work from 11:30 a.m. until 8:00 p.m. at an increased premium pay rate. The positions would first be posted, but if there are no volunteers, it would be staffed by employees who are scheduled to be on-call for that particular week. "We are pleased to have found a way to operate a second shift crew that accommodates the concerns of both parties. Improving our response time to trouble calls in the late afternoon and early evening hours is an important component of our overall focus on providing better customer service," said Mr. Dutton. All workers are expected to return to work on Monday. For further information, please contact Dorothy Schnure, Manager, Corporate Communications for Green Mountain Power at 802-655-8418. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) and (b) --not applicable (c) Exhibits--not applicable SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly cased this report to be signed on its behalf by the undersigned thereunto duly authorized. GREEN MOUNTAIN POWER CORPORATION - ----------------------------------- Registrant By _______________________ NANCY ROWDEN BROCK, VICE PRESIDENT, CHIEF FINANCIAL OFFICER, TREASURER AND CORPORATE SECRETARY BY _______________________ ROBERT J. GRIFFIN, CONTROLLER DATED: January 26, 2001 -----END PRIVACY-ENHANCED MESSAGE-----