Some additional info was provided as follows:
Phantom stock converts to common stock on a 1-for-1 basis. Phantom stock represents the share equivalent of amount deferred under the Directors' Compensation Plan.
The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of services as a director.
The derivative, phantom stock, does not have a corresponding exercisable date nor expiration dat
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Public Service Enterprise Group Incorporated next reports earnings on April 28, 2014.
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Other recent filings from the company include the following:
Public Service Enterprise Group: Regulation Fd Disclosure - Jan. 21, 2015
Public Service Enterprise Group: Pseg Overview Vice President Investor Relations Kathleen Lally Executive Vice President And Chief Financial Officer Caroline Dorsa Chairman, President And Chief Execut - Jan. 8, 2015
Public Service Enterprise Group Incorporated's President & COO - PSE&G just disposed of 4,217 shares - Jan. 6, 2015
Public Service Enterprise Group Incorporated's Executive VP & CFO just disposed of 4,538 shares - Jan. 6, 2015
Public Service Enterprise Group Incorporated's VP & Controller just disposed of 1,183 shares - Jan. 6, 2015