UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date earliest event reported) May 30, 2019
Commission File Number | Registrant, State of Incorporation, Address and Telephone Number | I.R.S. Employer Identification No. |
1-11299 | ENTERGY CORPORATION (a Delaware corporation) 639 Loyola Avenue New Orleans, Louisiana 70113 Telephone (504) 576-4000 | 72-1229752 |
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 (see General Instruction A.2.):
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Registrant | Title of Class | Trading Symbol | Name of Each Exchange on Which Registered |
Entergy Corporation | Common Stock, $0.01 Par Value | ETR | New York Stock Exchange LLC NYSE Chicago, Inc. |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01 Other Events
As previously disclosed, in June 2018, Entergy Corporation (the “Company”) entered into forward sale agreements with several counterparties relating to an aggregate of 15,282,392 shares of its common stock. Pursuant to the terms of the forward sale agreements, the Company had the right to elect physical, cash or net share settlement for all or a portion of its obligations under the agreements.
In December 2018, the Company physically settled a portion of its obligations under the forward sale agreements by delivering 6,834,221 shares of its common stock in exchange for cash proceeds of approximately $500 million.
On May 30, 2019, the Company physically settled the remainder of its obligations under the forward sale agreements by delivering 8,448,171 shares of its common stock in exchange for cash proceeds of approximately $608 million.
SIGNATURE
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.
Entergy Corporation | |
By: /s/ Steven C. McNeal | |
Steven C. McNeal Vice President and Treasurer | |
Dated: May 30, 2019 |