L. Eggers - Feb 5, 2024 Form 4 Insider Report for Constellation Energy Corp (CEG)

Role
EVP & CFO
Signature
/s/ Brian Buck, Attorney-in-Fact for Daniel Eggers
Stock symbol
CEG
Transactions as of
Feb 5, 2024
Transactions value $
-$2,574,517
Form type
4
Date filed
2/7/2024, 06:03 PM
Previous filing
Feb 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CEG Common Stock Options Exercise +31.8K +262.25% 44K Feb 5, 2024 Direct F1
transaction CEG Common Stock Tax liability -$1.81M -14.3K -32.46% $127.03 29.7K Feb 5, 2024 Direct
transaction CEG Common Stock Disposed to Issuer -$762K -6K -20.19% $127.03 23.7K Feb 5, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CEG Restricted Stock Units Options Exercise $0 -8.58K -46.12% $0.00 10K Feb 5, 2024 Common Stock 8.58K Direct F2, F3
transaction CEG Restricted Stock Units Award $0 +7.27K +72.58% $0.00 17.3K Feb 5, 2024 Common Stock 7.27K Direct F2
transaction CEG 2021-2023 Performance Shares Award $0 +23.3K $0.00 23.3K Feb 5, 2024 Common Stock 23.3K Direct F4
transaction CEG 2021-2023 Performance Shares Options Exercise $0 -23.3K -100% $0.00* 0 Feb 5, 2024 Common Stock 23.3K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common shares acquired from vested equity awards granted under the Issuer's Long-term Incentive Plan ("LTIP").
F2 Restricted stock units ("RSUs") vest in 1/3 increments on the dates of the Compensation Committee's first-quarter meetings held in the first, second, and third years after the grant date. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU award.
F3 The RSU award acquired approximately 218 additional shares through automatic dividend reinvestment, including approximately 145 shares that vested on February 5, 2024.
F4 Performance share award granted under the LTIP for the three-year performance period referenced in Column 1 based upon the Compensation Committee's determination of performance achieved for the period. Each performance share represents the right to receive one share of Common Stock upon vesting. These performance shares do not accrue quarterly dividends. Performance share award vests immediately on the grant date.