8-KOther Events

AMEREN CORP 8-K Report, Temporary Suspension of Trading Under Employee Benefit Plans (Nov 15, 2007)

Filed November 15, 2007For Securities:AEE

Summary

Ameren Corporation (AEE) announced a temporary suspension of trading for its directors and officers under its employee benefit plan, the Ameren Corporation Savings Investment Plan. This blackout period is scheduled to commence on December 18, 2007, at 3:00 p.m. CST and is anticipated to conclude during the week of January 6, 2008. The suspension is a necessary measure due to the transition of administrative functions for the plan to a new administrator and trustee. During this blackout period, company insiders, including directors and officers, will be restricted from buying, selling, or transferring any Ameren equity securities acquired through their service or employment. This restriction applies to common stock, options, and other derivative securities tied to Ameren's stock. While this may temporarily limit insider trading activity, it is a standard procedure during such administrative changes and does not inherently signal negative news about the company's operations or financial health. Investors should note that the company provides specific contact information for inquiries regarding the blackout period.

Key Highlights

  • 1Ameren Corp (AEE) implemented a blackout period for its employee benefit plan, effective December 18, 2007.
  • 2The blackout period is expected to end the week of January 6, 2008.
  • 3This suspension is due to a transition of the plan's administrative functions to a new administrator and trustee.
  • 4Directors and officers are prohibited from trading Ameren equity securities (common stock, options, etc.) during this period.
  • 5Restrictions apply to equity securities acquired in connection with service or employment as a director or officer.
  • 6After the blackout, insider trading will be permitted, subject to Section 16 Reporting requirements.
  • 7The company has provided specific contact information for questions regarding the blackout period.

Frequently Asked Questions

A blackout period, in this filing, refers to a temporary restriction placed on Ameren Corporation's directors and officers, preventing them from buying or selling Ameren's equity securities. This is typically implemented during significant changes to employee benefit plans, such as the transition of plan administrators.

Ameren Corp is implementing this blackout period because it is transitioning the administrative functions of the Ameren Corporation Savings Investment Plan to a new plan administrator and trustee. This ensures a smooth and controlled transition of plan operations.

No, during the blackout period, directors and officers are prohibited from directly or indirectly purchasing, selling, or otherwise acquiring or transferring any equity security of Ameren that was acquired in connection with their service or employment as a director or officer, with limited exceptions.

The blackout period is expected to end the week of January 6, 2008. After the blackout period ends, directors and officers will be permitted to resume transactions in Ameren's equity securities, provided they comply with the company's Section 16 Trading Reporting Program requirements.