X0306 4 2016-01-01 false 0001096385 VECTREN CORP VVC 0001180886 WOJTOWICZ JEAN L ONE VECTREN SQUARE P. O. BOX 209 EVANSVILLE IN 47708 true false false false Common Stock 2016-01-01 4 M false 1306.90 A 16286.699 D Common Stock 2016-01-01 4 D false 1306.90 42.42 D 14979.799 D Phantom Stock 0.00 2016-01-01 4 M false 1867.00 D Common Stock 1867.00 0.00 D Phantom Stock 0.00 2016-01-01 4 A false 560.10 A Common Stock 560.10 10272.986 D Phantom Stock 0.00 2016-01-01 4 A false 50.5712 A Common Stock 50.5712 10323.557 D Each share of phantom stock was the economic equivalent of one share of VVC common stock. The stock unit award was granted pursuant to the Vectren Corporation At Risk Compensation Plan ("Plan") and is subject to all of the terms, provisions and conditions of the Plan. The lifting of restrictions and forfeitability provisions are dependent upon continued service by the board member until January 1, 2016. Upon lifting of restrictions, grantee shall be paid for each stock unit award, in cash, the fair market value of one share of common stock on the date restrictions lapse, provided grantee is in compliance with the share ownership guidelines established by the board of directors. If grantee is not in compliance with the share ownership guidelines, the value of each stock unit award shall be paid in unrestricted Vectren common stock. The board of directors approved the acquisition in accordance with Rule 16b-3. The reporting person elected to defer the stock unit award to the phantom stock account of the Vectren Corporation Nonqualified Deferred Compensation Plan. 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 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 Section 16b-3. /s/Ronald E. Christian 2016-01-05