0000899243-18-014988.txt : 20180604
0000899243-18-014988.hdr.sgml : 20180604
20180604175651
ACCESSION NUMBER: 0000899243-18-014988
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180604
FILED AS OF DATE: 20180604
DATE AS OF CHANGE: 20180604
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BRIDSON JOHN T
CENTRAL INDEX KEY: 0001627795
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03523
FILM NUMBER: 18879383
MAIL ADDRESS:
STREET 1: 818 S KANSAS AVE
CITY: TOPEKA
STATE: KS
ZIP: 66612
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WESTAR ENERGY INC /KS
CENTRAL INDEX KEY: 0000054507
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931]
IRS NUMBER: 480290150
STATE OF INCORPORATION: KS
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 818 S KANSAS AVE
CITY: TOPEKA
STATE: KS
ZIP: 66612
BUSINESS PHONE: 785-575-6300
MAIL ADDRESS:
STREET 1: P.O. BOX 889
CITY: TOPEKA
STATE: KS
ZIP: 66601
FORMER COMPANY:
FORMER CONFORMED NAME: WESTERN RESOURCES INC /KS
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: KANSAS POWER & LIGHT CO
DATE OF NAME CHANGE: 19920507
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-06-04
1
0000054507
WESTAR ENERGY INC /KS
WR
0001627795
BRIDSON JOHN T
818 S. KANSAS AVE.
TOPEKA
KS
66612
0
1
0
0
SVP, Gen & Marketing
Common Stock, Par Value $5.00
2018-06-04
4
A
0
13803
0.00
A
23753
D
Common Stock, Par Value $5.00
2018-06-04
4
A
0
13076
0.00
A
36829
D
Common Stock, Par Value $5.00
2018-06-04
4
F
0
8712
55.8925
D
28117
D
Common Stock, Par Value $5.00
2018-06-04
5
G
0
E
14314
0.00
D
13803
D
Common Stock, Par Value $5.00
2018-06-04
4
D
0
13803
55.08
D
0
D
Common Stock, Par Value $5.00
2018-06-04
5
G
0
E
14314
0.00
A
45087
I
Held by trust
Common Stock, Par Value $5.00
2018-06-04
4
D
0
45087
55.08
D
0
I
Held by trust
Grant of 13,803 restricted share units on 6/4/18 that will vest ratably in one third increments on the anniversary of the grant date.
Vesting of 13,076 performance-based restricted share units that were granted on 2/24/16, 2/26/17 and 2/21/18. Under the terms of the grants of performance-based restricted share units, the number of shares to be received at vesting is increased or decreased based on the Issuer's Total Shareholder Return as compared to the Total Shareholder Return for a defined Peer Group of companies for the defined Performance Period. Under the terms of a merger agreement between Westar Energy, Inc. and Great Plains Energy Incorporated, performance-based restricted share units vest on the merger closing date at the greater of the target award or the actual number based on the performance criteria. The determination that the performance criteria relating to the grant had been met and the calculation of the number of shares to be distributed were completed on 6/4/18.
Forfeiture of 8,712 shares for the payment of taxes upon the vesting and distribution of 23,026 time-based and performance-based restricted share units granted on 2/24/16, 2/26/17 and 2/21/18.
Shares were transferred from the reporting person to the reporting person's trust, for which he and his spouse serve as co-trustees and beneficiaries.
Shares of Westar Energy, Inc. stock and the restricted share units granted on 6/4/18 were exchanged for shares of Evergy, Inc. stock and Evergy, Inc. restricted share units pursuant to a merger agreement between Westar Energy, Inc. and Great Plains Energy Incorporated on a 1 to 1 basis.
Solely for purposes of this filing, the estimated market value per share of Evergy, Inc. common stock on 6/4/18 was $55.08 per share (the closing stock price of the common stock of Westar Energy, Inc. as reported on the New York Stock Exchange on 6/1/18).
Includes 40 shares inadvertently omitted from previous reported balance.
Cynthia S. Couch by power of attorney
2018-06-04