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Pursuant to the terms of the DDCP, the Director Stock Units shall settle in common stock upon the director's retirement or separation from service. No conversion or exercise price applies."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"On December 6, 2016, pursuant to the Agreement and Plan of Merger dated as of June 2, 2016 (the \"Merger Agreement\"), by and among Talen Energy Corporation (the \"Company\"), RPH Parent LLC, SPH Parent LLC, CRJ Parent LLC and RJS Merger Sub Inc. (\"Merger Sub\"), Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation on the terms and conditions set forth in the Merger Agreement (the \"Merger\")."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Pursuant to the Merger Agreement, all Director Stock Units outstanding immediately prior to the effective time of the Merger (the \"Effective Time\") were converted into the right to receive an amount in cash, based on the number of shares of Company common stock subject to the award and the Merger Consideration, and otherwise upon the terms and subject to the conditions set forth in the Merger Agreement."}],"balance_after":0,"derivative":{"underlying":"Common Stock","underlying_shares":19186.574},"source":{"system":"sec-edgar","filing":"0001209191-16-153598","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1642085/000120919116153598/doc4.xml","form_type":"4"}},{"id":4587051,"issuer":{"id":3381,"kind":"organization","name":"Talen Energy Corp"},"owners":[{"id":42884,"kind":"person","name":"Casey Edward J. Jr.","position":1,"cik":"0001642085","reported_name":"Casey Edward J. Jr.","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Stock Unit (DDCP)","published_at":"2016-10-04T17:56:06.000Z","date":"2016-10-01","kind":"grant","acquired":true,"shares":2344.877,"price":13.86,"value":32499.99522,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Represents stock units acquired under the Issuer's Directors Deferred Compensation Plan (\"DDCP\").  Each unit is the economic equivalent of one share of Issuer common stock.  Pursuant to the terms of the DDCP, the stock units shall settle in common stock upon the director's retirement or separation from service.  No conversion or exercise price applies."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Represents stock units acquired under the Issuer's Directors Deferred Compensation Plan (\"DDCP\").  Each unit is the economic equivalent of one share of Issuer common stock.  Pursuant to the terms of the DDCP, the stock units shall settle in common stock upon the director's retirement or separation from service.  No conversion or exercise price applies."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Represents stock units acquired under the Issuer's Directors Deferred Compensation Plan (\"DDCP\").  Each unit is the economic equivalent of one share of Issuer common stock.  Pursuant to the terms of the DDCP, the stock units shall settle in common stock upon the director's retirement or separation from service.  No conversion or exercise price applies."}],"balance_after":19186.574,"derivative":{"underlying":"Common Stock","underlying_shares":2344.877},"source":{"system":"sec-edgar","filing":"0001209191-16-143930","document":"doc4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1642085/000120919116143930/doc4.xml","form_type":"4"}}]}