|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Phantom Shares | (5) | (5) | (5) | Common Stock | (5) | 9,278 | D | ||||||||
| Employee Stock Option (Right to Buy) | $ 30.86 | 12/01/2009 | M(1) | 40,000 | (6) | 02/12/2011 | Common Stock | 40,000 | $ 0 (7) | 30,000 | D | ||||
| Employee Stock Option (Right to Buy) | $ 26.32 | (6) | 02/11/2012 | Common Stock | 50,000 | 50,000 | D | ||||||||
| Employee Stock Option (Right to Buy) | $ 27.56 | (6) | 02/13/2013 | Common Stock | 50,000 | 50,000 | D | ||||||||
| Employee Stock Option (Right to Buy) | $ 32.46 | (6) | 02/12/2014 | Common Stock | 100,000 | 100,000 | D | ||||||||
| Employee Stock Option (Right to Buy) | $ 36.95 | (6) | 01/03/2015 | Common Stock | 60,000 | 60,000 | D | ||||||||
| Employee Stock Option (Right to Buy) | $ 41.76 | (6) | 02/16/2016 | Common Stock | 50,000 | 50,000 | D | ||||||||
| Employee Stock Option (Right to Buy) | $ 59.05 | (8) | 02/15/2017 | Common Stock | 35,834 | 35,834 | D | ||||||||
| Employee Stock Option (Right to Buy) | $ 64.69 | (9) | 02/15/2018 | Common Stock | 34,880 | 34,880 | D | ||||||||
| Employee Stock Option (Right to Buy) | $ 50.91 | (10) | 02/13/2019 | Common Stock | 50,622 | 50,622 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| OLIVERA ARMANDO J FPL GROUP, INC. 9250 WEST FLAGLER STREET MIAMI, FL 33174 |
Director/Pres & CEO of Sub | |||
| Alissa E. Ballot (Attorney-in-Fact) | 12/02/2009 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Options exercised pursuant to Rule 10b5-1 trading plan amendment adopted by the reporting person on June 8, 2009. |
| (2) | Includes 23,178 shares deferred until the reporting person's retirement. |
| (3) | Sales effected pursuant to Rule 10b5-1 trading plan amendment adopted by the reporting person on June 8, 2009. |
| (4) | Weighted average sale price. Reporting person sold 40,000 shares through a trade order executed by a broker-dealer at prices ranging from $52.20 to $52.35 per share. The reporting person hereby undertakes to provide full information regarding the number of shares sold at each separate price upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer. |
| (5) | Phantom shares are annually credited to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the FPL Group, Inc. Supplemental Executive Retirement Plan in an amount determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Thrift Plan ("Thrift Plan") plus (b) theoretical earnings thereon, by (c) the closing price of the Issuer's common stock on December 31 of the relevant year. The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries. |
| (6) | Options are currently exercisable. |
| (7) | Not applicable. |
| (8) | Options to buy 23,889 shares are currently exercisable and options to buy 11,945 shares become exercisable on 02/15/2010. |
| (9) | Options to buy 11,626 shares are currently exercisable and options to buy 11,627 shares become exercisable on each of 02/15/2010 and 02/15/2011. |
| (10) | Options to buy 16,874 shares become exercisable on each of 02/15/2010, 02/15/2011 and 02/15/2012. |