Frances Resheske - Feb 16, 2022 Form 4 Insider Report for CONSOLIDATED EDISON INC (ED)

Role
SVP, Corporate Affairs
Signature
Vanessa M. Franklin; Attorney-in-Fact
Stock symbol
ED
Transactions as of
Feb 16, 2022
Transactions value $
-$297,534
Form type
4
Date filed
2/17/2022, 05:15 PM
Previous filing
Jan 5, 2022
Next filing
Apr 6, 2022
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ED Common Stock Options Exercise +3.66K +6.56% 59.4K Feb 16, 2022 Direct F1
transaction ED Common Stock Disposed to Issuer -$298K -3.66K -6.15% $81.36 55.8K Feb 16, 2022 Direct
holding ED Common Stock 1.31K Feb 16, 2022 By Consolidated Edison Thrift Savings Plan (Thrift) F2

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 ED Performance Units (Phantom Stock) Award +5.8K 5.8K Feb 17, 2022 Common Stock 5.8K Direct F1, F3, F4, F5
transaction ED Time-Based Restricted Stock Units Award +2.5K 2.5K Feb 17, 2022 Common Stock 2.5K Direct F1, F6, F7
transaction ED Performance Units (Phantom Stock) Options Exercise -3.66K -100% 0 Feb 16, 2022 Common Stock 3.66K Direct F1, F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable.
F2 Between 12/31/21 and 1/31/22, the reporting person's shares of Consolidated Edison, Inc. (the "Company") common stock decreased by 0.327 under the Thrift. The information in this report is based on a Thrift plan statement dated 1/31/22.
F3 Each Performance Unit is the economic equivalent of one share of the Company common stock.
F4 Performance Units granted under the Company's Long Term Incentive Plan ("LTIP") will vest in 2025 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors.
F5 The number of shares (or cash equivalents) will be adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP.
F6 Each Time-Based Restricted Stock Unit represents a contingent right to receive one share of Company common stock.
F7 The Time-Based Restricted Stock Units granted under the LTIP will vest 100% on December 31, 2024.
F8 The number of shares (or cash equivalents) were adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP.