SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 2, 2013
VECTREN CORPORATION
(Exact name of registrant as specified in its charter)
|
Commission File No.
|
Registrant, State of Incorporation, Address, and Telephone Number
|
I.R.S. Employer Identification No.
|
||
|
1-15467
|
Vectren Corporation
|
35-2086905
|
||
|
(An Indiana Corporation)
|
||||
|
One Vectren Square,
|
||||
|
Evansville, Indiana 47708
|
||||
|
(812) 491-4000
|
Former name or address, if changed since last report:
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|
o
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
o
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
o
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
o
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Item 8.01. Other Events.
On August 2, 2013, the Board of Directors of Vectren Corporation (the “Company”) approved a stock trading plan adopted by Niel C. Ellerbrook, a director of the Company. Mr. Ellerbrook adopted the trading plan in accordance with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
Under Rule 10b5-1, directors, officers and other employees who are not in possession of material non-public information may adopt a pre-arranged plan or contract providing for the sale of Company securities under specified conditions and at specified times. Under 10b5-1 plans, individuals may gradually diversify their investment portfolios, spread stock trades out over an extended period of time to reduce market impact and avoid concerns about transactions occurring at a time when they might possess material non-public information.
Transactions under Mr. Ellerbrook’s plan will not commence before August 8, 2013, which is the effective date of the plan. The plan provides for the sale of up to 134,100 shares that will be acquired through the exercise of stock options. The plan will expire no later than December 31, 2014. Shares will be sold in the open market at prevailing market prices and subject to minimum price thresholds specified in the plan.
Mr. Ellerbrook advised the Company that he is implementing the plan because of the approaching expiration dates for the exercise of the options covered by the plan (options for 49,000 shares will expire on January 1, 2014, and options for 85,100 shares will expire on January 1, 2015). Transactions under the Plan will be disclosed publicly through Form 4 and Form 144 filings with the Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| VECTREN CORPORATION | ||
|
August 7, 2013
|
||
|
By:
|
/s/ M. Susan Hardwick | |
|
M. Susan Hardwick
|
||
|
Senior Vice President—Finance and Assistant Treasurer
|
||