Charles E. Sieving - Feb 16, 2023 Form 4 Insider Report for NEXTERA ENERGY INC (NEE)

Signature
Charlotte B. Anderson (Attorney-in-Fact)
Stock symbol
NEE
Transactions as of
Feb 16, 2023
Transactions value $
-$1,114,157
Form type
4
Date filed
2/21/2023, 11:37 AM
Previous filing
Nov 28, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEE Common Stock Award $0 +4.38K +2.49% $0.00 180K Feb 16, 2023 Direct F1
transaction NEE Common Stock Award $0 +33.8K +18.73% $0.00 214K Feb 16, 2023 Direct F2
transaction NEE Common Stock Tax liability -$1.01M -13.3K -6.21% $75.69 201K Feb 16, 2023 Direct F3
transaction NEE Common Stock Tax liability -$108K -1.43K -0.71% $75.69 199K Feb 16, 2023 Direct F4
holding NEE Common Stock 9.2K Feb 16, 2023 By Retirement Savings Plan Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NEE Phantom Shares Award +1.74K +6.38% 29.1K Feb 16, 2023 Common Stock 0 Direct F5
transaction NEE Employee Stock Option (Right to Buy) Award $0 +33.9K $0.00 33.9K Feb 16, 2023 Common Stock 33.9K $75.69 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock grant made pursuant to Issuer's 2021 Long Term Incentive Plan, exempt under Rule 16b-3.
F2 Shares acquired in settlement of performance share awards (which were not derivative securities) under Issuer's Amended and Restated Long Term Incentive Plan, exempt under Rule 16b-3.
F3 Stock withheld by Issuer to satisfy tax withholding obligations on shares acquired February 16, 2023 in settlement of performance share awards.
F4 Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted February 13, 2020, February 11, 2021 and February 17, 2022.
F5 Annual credit of phantom shares to an unfunded Supplemental Matching Contribution Account ("SMCA") for the reporting person pursuant to the NextEra Energy, Inc. Supplemental Executive Retirement Plan ("SERP") in an amount approved on the transaction date by the Issuer's Compensation Committee, which amount is determined by dividing an amount equal to (a) certain matching contributions in excess of the limits of the Issuer's Retirement Savings Plan plus (b) theoretical earnings, by the closing price of the Issuer's common stock on the last business day of the relevant year ($83.60 in 2022). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
F6 Options to buy 33,880 shares become exercisable in three substantially equal annual installments beginning on February 15, 2024.