X0202 4 2007-05-01 0001096385 VECTREN CORP VVC 0001180878 DUNN JOHN M ONE VECTREN SQUARE P. O. BOX 209 EVANSVILLE IN 47708 1 0 0 0 Common Stock 2007-05-01 4 J 0 1357 0 D 3024.556 D Common Stock 240 I By Grandchildren Common Stock 120 I By Spouse Phantom Stock 0 2007-05-01 4 J 0 91.3866 0 A Common Stock 91.3866 18360.0671 D Phantom Stock 0 2007-05-01 4 J 0 1357 0 A Common Stock 1357 19717.0671 D Phantom stock units held under the non-qualified deferred compensation plan will effectively be exercised at the time amounts represented by those units are paid out under the Plan. Generally, unless provided otherwise by the participant, the payout begins with the end of the board member's service as a member of the board. Pursuant to the non-qualified deferred compensation plan, payouts can occur for up to 15 years. Amounts held in the phantom stock accounts would be amortized over that period unless directed otherwise by the participant. Exempt acquisition of phantom shares acquired through Vectren Corporation (Vectren) Non-Qualified Deferred Compensation Plan (Plan). These transactions are exempt under Rule 16b-3. Phantom shares acquired through Vectren Corporation (Vectren) Non-Qualified Deferred Compensation Plan. The reporting person elected to defer the value of restricted stock vesting in 2007 to the Vectren Corporation Deferred Compensation Plan resulting in the forfeiture of 1,357 shares of restricted stock previously reported as beneficially owned by the reporting person. Ronald E. Christian 2007-05-02