0001404409-16-000124.txt : 20160705 0001404409-16-000124.hdr.sgml : 20160705 20160705162747 ACCESSION NUMBER: 0001404409-16-000124 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160701 FILED AS OF DATE: 20160705 DATE AS OF CHANGE: 20160705 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TECO ENERGY INC CENTRAL INDEX KEY: 0000350563 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 592052286 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 702 N FRANKLIN ST STREET 2: TECO PLAZA CITY: TAMPA STATE: FL ZIP: 33602 BUSINESS PHONE: 8132284111 MAIL ADDRESS: STREET 1: 702 N FRANKLIN ST STREET 2: TECO PLAZA CITY: TAMPA STATE: FL ZIP: 33602 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shell Ryan A CENTRAL INDEX KEY: 0001629507 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08180 FILM NUMBER: 161750824 MAIL ADDRESS: STREET 1: C/O TECO ENERGY, INC. STREET 2: PO BOX 111 CITY: TAMPA STATE: FL ZIP: 33602 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2016-07-01 1 0000350563 TECO ENERGY INC TE 0001629507 Shell Ryan A C/O TECO ENERGY, INC. P.O. BOX 111 TAMPA FL 33601-0111 0 1 0 0 President of New Mexico Gas Co Common Stock 2016-07-01 4 D 0 10041 27.55 D 0 D Restricted Stock Units 2016-07-01 4 D 0 7323 0 D Common Stock 7323 0 D Reflects the disposition of shares and restricted shares pursuant to the Agreement and Plan of Merger by and among TECO Energy, Inc., Emera Inc. and Emera US Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, as of the effective date of the merger (July 1, 2016), the outstanding shares of TECO common stock were cancelled and converted automatically into the right to receive (without interest, and less any applicable withholdings) $27.55 in cash per share (the "Per-Share Merger Consideration"). Pursuant to the Merger Agreement, with respect to performance-based awards, any performance goals and bonus multipliers were deemed achieved at the maximum level. Reflects the disposition of Restricted Stock Units pursuant to the Merger Agreement. Pursuant to the Merger Agreement, as of the effective date of the merger, the Restricted Stock Units were cancelled and converted into the right to receive (i) a pro-rated lump-sum cash payment based on the Per-Share Merger Consideration (paid as promptly as practicable following the effective date of the merger, less any applicable witholdings) and (ii) a cash service award subject to the same terms and conditions (including service-based vesting, but not performance-based vesting) applicable to the corresponding Restricted Stock Unit immediately prior to the effective date of the merger. Pursuant to the Merger Agreement, with respect to performance-based awards, any performance goals and bonus multipliers were deemed achieved at the maximum level. David E. Schwartz, by Power of Attorney 2016-07-05