<SEC-DOCUMENT>0000715957-19-000002.txt : 20190130
<SEC-HEADER>0000715957-19-000002.hdr.sgml : 20190130
<ACCEPTANCE-DATETIME>20190130163904
ACCESSION NUMBER:		0000715957-19-000002
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190124
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20190130
DATE AS OF CHANGE:		20190130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DOMINION ENERGY INC /VA/
		CENTRAL INDEX KEY:			0000715957
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				541229715
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08489
		FILM NUMBER:		19552377

	BUSINESS ADDRESS:	
		STREET 1:		120 TREDEGAR STREET
		CITY:			RICHMOND
		STATE:			VA
		ZIP:			23219
		BUSINESS PHONE:		8048192000

	MAIL ADDRESS:	
		STREET 1:		P. O. BOX 26532
		CITY:			RICHMOND
		STATE:			VA
		ZIP:			23261

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DOMINION RESOURCES INC /VA/
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>deiaipltip8k01242019.htm
<DESCRIPTION>DEI AIP & LTIP 8-K 01-24-2019
<TEXT>
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    <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">UNITED STATES<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
      </font>SECURITIES AND EXCHANGE COMMISSION<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
      </font>Washington, DC&#160; 20549</div>
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    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">FORM 8&#8209;K</font></div>
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    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CURRENT REPORT<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>Pursuant to Section 13 or 15(d) of the<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>Securities Exchange Act of 1934</font></div>
    <div><br>
    </div>
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    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Date of report (Date of earliest event reported) <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight:
          bold;">January 24, 2019</font></font></div>
    <div><br>
    </div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Dominion Energy, Inc.</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>(Exact Name of Registrant as Specified in Its Charter)</font></div>
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    </div>
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    <table cellspacing="0" cellpadding="0" id="z210cb5437f284d01b5e766773ee691c8" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;">

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            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Virginia</font><font style="font-size:
                  10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>(State or other jurisdiction<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>of incorporation)</font></div>
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          <td style="width: 29.73%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">001-08489</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>(Commission<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>File Number)</font></div>
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          <td style="width: 32.27%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">54-1229715</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>(IRS Employer<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>Identification No.)</font></div>
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          <td style="width: 67.73%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">120 Tredegar Street</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Richmond, Virginia</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>(Address of Principal Executive Offices)</font></div>
          </td>
          <td style="width: 32.27%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">23219</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>(Zip Code)</font></div>
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    </table>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>Registrant&#8217;s Telephone Number, Including Area Code <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(804) 819-2000</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times,
          serif;"><br>
        </font></font><br>
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      <div><br>
      </div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Former Name or Former Address, if Changed Since Last Report)</font></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 18pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">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 (<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">see </font>General Instruction A.2. below):<font style="font-size: 10pt; font-family: 'Times New
          Roman', Times, serif;"><br>
        </font></font><br>
    </div>
    <div style="text-align: left; text-indent: 18pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 18pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font></font><br>
    </div>
    <div style="text-align: left; text-indent: 18pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 18pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font></font><br>
    </div>
    <div style="text-align: left; text-indent: 18pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 18pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<font style="font-size: 10pt; font-family: 'Times New Roman', Times,
          serif;"><br>
        </font></font><br>
    </div>
    <div style="text-align: left; text-indent: 18pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 18pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 18pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of
        1933 (17 CFR &#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR &#167;240.12b-2).</font></div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Emerging growth company <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font></font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 18pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">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. <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#9744;</font></font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 5.02.&#160; Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
        Arrangements of Certain Officers.</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2019 Annual Incentive Plan</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On January 24, 2019, the Dominion Energy, Inc. (&#8220;Dominion Energy&#8221;)
          Compensation, Governance and Nominating Committee (&#8220;CGN Committee&#8221;) approved the 2019 Annual Incentive Plan (the &#8220;Plan&#8221;).&#160;&#160;Under the Plan, Dominion Energy&#8217;s officers are eligible for an annual performance-based cash award.&#160;&#160;Each officer has a
          target incentive award under the Plan based on a percentage of base salary.&#160;&#160;For 2019, the target percentages of base salary for Dominion Energy&#8217;s named executive officers are as follows:&#160;Chairman, President and Chief Executive Officer &#8211; 150%;
          Executive Vice President, Chief Financial Officer and Treasurer &#8211; 90%; Executive Vice President and President &amp; Chief Executive Officer &#8211; Power Generation Group &#8211; 90%; </font>Executive Vice President and <font style="font-size: 10pt;
          font-family: 'Times New Roman', Times, serif;">President &amp; Chief Executive Officer &#8211; Gas Infrastructure Group &#8211; 90%; and </font>Executive Vice President and <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">President
          &amp; Chief Executive Officer &#8211; Power Delivery Group &#8211; 90%</font>.</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan is funded based on the achievement of consolidated financial operating earnings goals, with potential funding ranging from 0% to 200%
        of the target funding.&#160; Payout of the amount funded under the Plan is subject to achievement of applicable consolidated financial, business unit financial, and operating and stewardship goals, including safety goals, diversity goals and
        environmental goals.&#160;&#160;</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">2019 Long-Term Incentive Program</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">On January 24, 2019, the CGN Committee approved the 2019 Long-Term Incentive Program (the &#8220;Program&#8221;) for its officers, including its named
        executive officers.&#160;The Program consists of two components: a restricted stock grant and a performance grant.&#160; The restricted stock is awarded pursuant to Dominion Energy&#8217;s 2014 Incentive Compensation Plan. The restricted stock is subject to a
        three-year cliff vesting period, while payout of the performance grant will be based on the achievement of two performance metrics: total shareholder return (&#8220;TSR&#8221;) relative to a group of peer companies selected by the CGN Committee (weighted 50%)
        and return on invested capital (weighted 50%). &#160;There is also an opportunity to earn a portion of the award based on Dominion Energy&#8217;s absolute TSR and price-earnings ratio performance, regardless of relative TSR performance.&#160; The performance grant
        will have a performance period ending December 31, 2021, with payment made by March 15, 2022.&#160; The target value for the performance grant is equal to the grant date value of the restricted stock portion of the Program.&#160; Payout of the performance
        grant will vary depending on the level of achievement of the performance metrics.&#160;Each of the performance grants for the named executive officers other than Mr. James R. Chapman will be paid in cash; Mr. Chapman&#8217;s award will be paid in shares of
        Dominion Energy common stock.</font></div>
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    </div>
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    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SIGNATURE</font></div>
    <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font>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.</font></div>
    <div><br>
    </div>
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            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">DOMINION ENERGY, INC.<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>Registrant</font></div>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
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            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Carter M. Reid</font></div>
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          <td style="width: 100%; vertical-align: middle;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Carter M. Reid<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
                </font>Executive Vice President, Chief Administrative &amp;</font></div>
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Compliance Officer and Corporate Secretary</font></div>
          </td>
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          <td style="width: 100%; vertical-align: top;">&#160;</td>
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    <div style="text-align: justify; clear: both;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Date:&#160; January 30, 2019</font></div>
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