Atmos Energy director receives phantom stock award
ATMOS ENERGY CORP director Edward Geiser reported a compensation-related change in his deferred equity holdings.
Rhea-AI Filing Summary
ATMOS ENERGY CORP director Edward Geiser reported a compensation-related change in his deferred equity holdings. He received 187.9455 units of Phantom Deferred Compensation, each economically equivalent to one share of Atmos Energy common stock, at a reference price of $172.9230 per unit.
The phantom units were credited under the company’s 1998 Long-Term Incentive Plan based on an election to convert a portion of his director fees and through a dividend reinvestment feature. These awards are not current stock purchases or sales and will be settled in shares of common stock only when his service on the company’s Board ends.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Deferred Compensation | 187.9455 | $172.923 | $33K |
| holding | Phantom Stock Units | -- | -- | -- |
Footnotes (5)
- F1. Each unit of phantom stock is equivalent to one share of the Company's common stock.
- F2. The phantom stock units were granted under the 1998 Long-Term Incentive Plan (the "Plan") and are to be settled upon the reporting person's termination of service on the Company's Board.
- F3. Includes 18.10 phantom stock units resulting from a dividend reinvestment feature of the Plan which were allocated to reporting person's account since last filing.
- F4. The phantom share units were received pursuant to an election to convert a portion of the reporting person's director fees under the Plan and are to be settled upon the reporting person's termination of service on the Company's Board of Directors.
- F5. Includes 8.81 phantom stock units resulting from the dividend reinvestment feature of the Plan which were allocated to reporting person's account since last filing.
Key Figures
Key Terms
Phantom Stock Units financial
Phantom Deferred Compensation financial
1998 Long-Term Incentive Plan financial
dividend reinvestment feature financial
director fees financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Atmos Energy (ATO) director Edward Geiser report in this Form 4?
Are the Atmos Energy (ATO) phantom units an open-market stock purchase or sale?
When will Edward Geiser’s Atmos Energy phantom stock units be settled?
How many Atmos Energy phantom deferred compensation units does Geiser hold after this filing?
What are Atmos Energy phantom stock units and deferred compensation units?
How do dividends affect Atmos Energy phantom unit balances for directors?
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