0000899243-18-014979.txt : 20180604 0000899243-18-014979.hdr.sgml : 20180604 20180604175343 ACCESSION NUMBER: 0000899243-18-014979 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: Banning Jerl L. CENTRAL INDEX KEY: 0001606422 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-03523 FILM NUMBER: 18879364 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 0001606422 Banning Jerl L. 818 S. KANSAS AVE. TOPEKA KS 66612 0 1 0 0 SVP, Ops Support & Admin Common Stock, Par Value $5.00 2018-06-04 4 A 0 12609 0.00 A 42552 D Common Stock, Par Value $5.00 2018-06-04 4 A 0 13221 0.00 A 55773 D Common Stock, Par Value $5.00 2018-06-04 4 F 0 8922 55.8925 D 46851 D Common Stock, Par Value $5.00 2018-06-04 4 D 0 46851 55.08 D 0 D Grant of 12,609 restricted share units on 6/4/18 that will vest ratably in one third increments on the anniversary of the grant date. Includes 182 shares acquired through the reinvestment of dividends. Vesting of 13,221 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 8,922 shares for the payment of taxes upon the vesting and distribution of 23,316 time-based and performance-based restricted share units granted on 2/24/16, 2/26/17 and 2/21/18. 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). Cynthia S. Couch by power of attorney 2018-06-04