0000078460-16-000049.txt : 20160106 0000078460-16-000049.hdr.sgml : 20160106 20160106130632 ACCESSION NUMBER: 0000078460-16-000049 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151215 FILED AS OF DATE: 20160106 DATE AS OF CHANGE: 20160106 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PIEDMONT NATURAL GAS CO INC CENTRAL INDEX KEY: 0000078460 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 560556998 STATE OF INCORPORATION: NC FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: 4720 PIEDMONT ROW DR CITY: CHARLOTTE STATE: NC ZIP: 28210 BUSINESS PHONE: 7043643120 MAIL ADDRESS: STREET 1: P.O. BOX 33068 CITY: CHARLOTTE STATE: NC ZIP: 28233 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SKAINS THOMAS E CENTRAL INDEX KEY: 0001238180 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-06196 FILM NUMBER: 161326120 MAIL ADDRESS: STREET 1: C/O PIEDMONT NATURAL GAS CO STREET 2: PO BOX 33068 CITY: CHARLOTTE STATE: NC ZIP: 28233 4/A 1 primary_doc.xml PRIMARY DOCUMENT X0306 4/A 2015-12-15 2015-12-17 0 0000078460 PIEDMONT NATURAL GAS CO INC PNY 0001238180 SKAINS THOMAS E C/O PIEDMONT NATURAL GAS CO PO BOX 33068 CHARLOTTE NC 28233 1 1 0 0 Chairman, President and CEO Common Stock 2015-12-15 4 A 0 34843 0 A 317086 D Common Stock 2015-12-15 4 F 0 28538 0 D 288548 D Issued as accelerated vesting of 2016 LTIP Award and 2017 LTIP Award under registrant's Incentive Compensation Plan. These shares are restricted, subject to full or partial cancellation under certain circumstances and for such period as described in the form of Share Repayment Agreement filed by the registrant in a Form 8-K on December 16, 2015. Shares were valued at closing price of $56.85 on December 14, 2015, which was the day prior to vesting. This number does not include 2,990.57 shares that are held indirectly by Mr. Skains in his 401(k) account. Includes 59,824 equity units issued under a previously reported Retention Award, plus accrued dividends. The vested awards are payable in the form of one share of registrant's common stock per equity unit. Withheld to satisfy tax withholding obligations on (1) December 15, 2015 vesting of 30% of Mr. Skains' previously reported Retention Award equity units, plus 3,024 shares representing dividends that had accrued on such equity units and converted into additional equity units and (2) accelerated vesting of the remaining 50% of his Retention Award equity units (plus 5,040 shares representing dividends that had accrued on such equity units and converted into additional equity units) that would otherwise have vested on December 15, 2016 if Mr. Skains was an employee of the registrant on such date. Includes 19,554 shares of restricted common stock that are subject to full or partial cancellation under certain circumstances and for such period as described in the form of Share Repayment Agreement between the registrant and the reporting person filed by the registrant in a Form 8-K on December 16, 2015. /s/ Judy Z. Mayo by limited power of attorney for Thomas E. Skains 2016-01-06