Filing Details

Accession Number:
0001127602-16-050790
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-03 16:09:41
Reporting Period:
2016-04-29
Filing Date:
2016-05-03
Accepted Time:
2016-05-03 16:09:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1317630 Itc Holdings Corp. ITC Electric Services (4911) 320058047
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1333105 L Joseph Welch 27175 Energy Way
Novi MI 48377
Chairman, President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Without Par Value Acquisiton 2016-04-29 23,274 $11.00 1,891,371 No 4 M Direct
Common Stock Without Par Value Disposition 2016-04-29 23,274 $43.91 1,868,097 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Without Par Value Employee Stock Option (Right to Buy) Disposition 2016-04-29 23,274 $0.00 23,274 $11.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,130,371 2016-08-16 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock Without Par Value 377,700 Indirect Held by Spouse's Trust
Footnotes
  1. The weighted average sales price is $43.9083. Sale prices ranged from $43.90 to $43.94.
  2. The options vest in five equal installments on August 16, 2007, 2008, 2009, 2010 and 2011.
  3. These stock options become exercisable in five equal annual installments beginning on the first anniversary of the grant date so long as the recipient remains an employee.