Armando Pimentel Jr - Feb 15, 2024 Form 4 Insider Report for NEXTERA ENERGY INC (NEE)

Role
Director, Pres. & CEO of Sub
Signature
W. Scott Seeley (Attorney-in-Fact)
Stock symbol
NEE
Transactions as of
Feb 15, 2024
Transactions value $
-$119,064
Form type
4
Date filed
2/20/2024, 04:25 PM
Previous filing
Dec 15, 2023
Next filing
Apr 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NEE Common Stock Award $0 +21K +16.21% $0.00 150K Feb 15, 2024 Direct F1
transaction NEE Common Stock Tax liability -$119K -2.08K -1.38% $57.27 148K Feb 15, 2024 Direct F2
holding NEE Common Stock 9.79K Feb 15, 2024 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 +389 389 Feb 15, 2024 Common Stock 0 Direct F3
transaction NEE Employee Stock Option (Right to Buy) Award $0 +106K $0.00 106K Feb 15, 2024 Common Stock 106K $57.27 Direct F4
* 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 Restricted stock withheld by Issuer to satisfy tax withholding obligations on vesting of restricted stock granted on February 16, 2023.
F3 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 ($60.74 in 2023). The value of the SMCA is payable in cash following the reporting person's termination of employment with the Issuer and its subsidiaries.
F4 Options to buy 106,477 shares become exercisable in three substantially equal annual installments beginning on February 15, 2025.