This excerpt taken from the UIL DEF 14A filed Apr 5, 2007.
Option Exercises And Stock Vested
Number of Shares Acquired on Exercise
Value Realized on Exercise(1)
Number of Shares Acquired on Vesting
Value Realized on Vesting(2)
Nathaniel D. Woodson
James P. Torgerson
Richard J. Nicholas
Richard J. Reed
Susan E. Allen
Anthony J. Vallillo
Louis J. Paglia
The value realized equals the difference between the option exercise price and the fair market value of the Companys stock on the date of exercise,
multiplied by the number of shares for which the option was exercised.
Value realized on vesting is determined based on $38.61, the fair market value of the performance shares on February 26, 2007, the date performance was
determined and shares were awarded. Mr. Nicholas deferred receipt of the 90% of the shares associated with the payment of his 16,989 performance shares in accordance with the terms of the Companys Deferred Compensation Plan.