8-KOther Events

EDISON INTERNATIONAL 8-K Report (Aug 13, 2004)

Filed August 13, 2004For Securities:EIX

Summary

Edison International (EIX) filed an 8-K report on August 13, 2004, to disclose a temporary suspension of trading and account access for participants in the Edison 401(k) Savings Plan. The suspension, scheduled from September 15, 2004, to September 20, 2004, is due to an upgrade of the plan's administrative system. This period will prevent plan participants from making investment elections, initiating other transactions, or accessing their accounts. While termed a "Suspension Period" and not a formal "blackout period" as defined by SEC rules (due to its expected duration of less than three consecutive business days), investors should be aware of the temporary inability to access or modify their 401(k) investments, including those in the Edison International Stock Fund. The company has provided a contact number for participants with questions.

Key Highlights

  • 1Edison International announced a temporary suspension of its 401(k) Savings Plan.
  • 2The suspension, termed a "Suspension Period," is scheduled from September 15, 2004 (1 p.m. PT) to September 20, 2004 (5 a.m. PT).
  • 3The suspension is necessary to accommodate an upgrade to the plan's administrative system.
  • 4During this period, participants cannot change investment elections, initiate other transactions, or access their accounts.
  • 5The suspension affects all transactions, including those involving Edison International's common stock within the plan.
  • 6The company is disclosing this under Item 5 of Form 8-K, as it is not expected to meet the definition of a blackout period (more than three consecutive business days).

Frequently Asked Questions

The Suspension Period is being implemented to allow for an upgrade to the administrative system of the Edison 401(k) Savings Plan.

The Suspension Period is scheduled to begin at 1 p.m. Pacific time on Wednesday, September 15, 2004, and end at 5 a.m. Pacific time on Monday, September 20, 2004.

During the Suspension Period, participants will not be able to change investment elections, initiate any other transactions within the plan, or access their accounts for inquiry purposes. This includes transactions related to investments in the Company's common stock fund, contribution rate changes, loan requests, and distribution/withdrawal requests.

No, Edison International is classifying this as a "Suspension Period" and not a formal "blackout period" as defined by SEC rules. This is because the scheduled duration is expected to be less than three consecutive business days. However, the restrictions on account access and transactions are similar.