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Each restricted stock unit is fully vested upon grant and is payable 70% in Common Stock and 30% in cash, based upon the closing price of Common Stock on the day prior to settlement."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Each restricted stock unit is equivalent in value to one share of Unitil Corporation's common stock, no par value (\"Common Stock\"), and represents the right to receive a combination of cash and Common Stock after separation from service on Unitil Corporation's Board of Directors.  Each restricted stock unit is fully vested upon grant and is payable 70% in Common Stock and 30% in cash, based upon the closing price of Common Stock on the day prior to settlement."}],"balance_after":5744,"derivative":{"underlying":"Common stock","underlying_shares":1350},"source":{"system":"sec-edgar","filing":"0001209191-16-143951","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/755001/000120919116143951/doc4.xml","form_type":"4"}}]}