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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Phantom Shares | (6) | (6) | (6) | Common Stock | (6) | 1,360 (4) | D | ||||||||
Employee Stock Option (Right to Buy) | $ 27.56 (4) | 02/13/2006 | 02/13/2013 | Common Stock | 5,000 (4) | 5,000 (4) | D | ||||||||
Employee Stock Option (Right to Buy) | $ 32.46 (4) | (7) | 02/12/2014 | Common Stock | 6,666 (4) | 6,666 (4) | D | ||||||||
Employee Stock Option (Right to Buy) | $ 36.95 (4) | (8) | 01/03/2015 | Common Stock | 8,000 (4) | 8,000 (4) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DAVIS K MICHAEL FPL GROUP, INC. 9250 WEST FLAGLER STREET MIAMI, FL 33174 |
VP Acctg, Controller, CAO | Controller/CAO of Sub |
Alissa E. Ballot (Attorney-in-Fact) | 01/04/2006 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted 01/03/2005. |
(2) | Reflects the March 15, 2005 two-for-one split of Issuer's common stock (the "Stock Split"), which resulted in the acquisition by the reporting person of 23,960 shares of Issuer common stock (including 5,184 shares deferred until the reporting person's retirement). Includes a total of 10,368 shares deferred until reporting person's retirement. |
(3) | As of December 29, 2005. |
(4) | Adjusted to reflect Stock Split. |
(5) | Closing price of Issuer's common stock on the NYSE on December 30, 2005, the last trading date prior to the reported transaction, which is Fair Market Value under the Issuer's Amended and Restated Long Term Incentive Plan. |
(6) | Phantom shares are annually credited to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the FPL Group, Inc. Supplemental Executive Retirement Plan in an amount determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Thrift Plan ("Thrift Plan") plus (b) theoretical earnings thereon, by (c) the closing price of the Issuer's common stock on December 31 of the relevant year. The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries. |
(7) | Options to buy 3,332 shares become exercisable on 02/12/2006 and options to buy 3,334 shares become exercisable on 02/12/2007. |
(8) | Options to buy 2,668 shares are currently exercisable and options to buy 2,666 shares become exercisable on each of 1/3/2007 and 1/3/2008. |