SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LaVecchia Jean M

(Last) (First) (Middle)
C/O NORTHEAST UTILITIES
107 SELDEN STREET

(Street)
BERLIN CT 06037

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NORTHEAST UTILITIES [ NU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP Human Resources
3. Date of Earliest Transaction (Month/Day/Year)
12/16/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, $5.00 par value 12/16/2009 M 2,680(1) A $21.03 29,859(2) D
Common Shares, $5.00 par value 12/16/2009 S 2,680 D $26 27,179(2)(3) D
Common Shares, $5.00 par value 12/17/2009 M 1,820(1) A $21.03 28,999(2) D
Common Shares, $5.00 par value 12/17/2009 S 1,820 D $26 27,179(2)(3) D
Common Shares, $5.00 par value 12/17/2009 M 4,500(1) A $21.03 31,679(2) D
Common Shares, $5.00 par value 12/17/2009 S 4,500 D $26 27,179(2)(3) D
Common Shares, $5.00 par value 2,284(4) I 401k Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: 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
Employee Stock Option (right to buy) $21.03 12/16/2009 M 2,680 (1) 02/27/2011 Common Shares, $5.00 par value 2,680 $21.03 6,320 D
Employee Stock Option (right to buy) $21.03 12/17/2009 M 1,820 (1) 02/27/2011 Common Shares, $5.00 par value 1,820 $21.03 4,500 D
Employee Stock Option (right to buy) $21.03 12/17/2009 M 4,500 (1) 02/27/2001 Common Shares, $5.00 par value 4,500 $21.03 0.0 D
Phantom Shares (5) (5) (5) Common Shares, $5.00 par value 0.0(5) 378(5) D
Explanation of Responses:
1. The vested options exercised to purchase 9,000 Northeast Utilities Common Shares at $21.03 in separate exercises of 2,680, 1,820 and 4,500, were granted on February 27, 2001. The options exercised and consequent sales of Common Shares were effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. LaVecchia on May 13, 2009.
2. Includes restricted share units and reinvested dividend equivalents.
3. Sale in connection with cashless exercise of stock options.
4. Shares held in trust under the Northeast Utilities Service Company 401k Plan, a qualified plan, as of December 17, 2009, according to information supplied by the Plan's record keeper.
5. The reporting person holds phantom shares of NU common under the Northeast Utilities Deferred Compensation Plan for Executives, a non-qualified deferred compensation plan (the DCP), made as matching contributions under the DCP. Each phantom share represents the right to receive the cash value of one share of NU common upon a distribution event, following vesting. Additional phantom shares are issued upon the automatic reinvestment of dividend-equivalents exempt from line item reporting under SEC Rule 16a-11.
Remarks:
Jean M. LaVecchia 12/18/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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