Matthew Ketschke - 31 Mar 2022 Form 4 Insider Report for CONSOLIDATED EDISON INC (ED)

Role
President CECONY
Signature
Vanessa M. Franklin; Attorney-in-Fact
Issuer symbol
ED
Transactions as of
31 Mar 2022
Net transactions value
-$2,367
Form type
4
Filing time
01 Apr 2022, 16:51:48 UTC
Previous filing
04 Mar 2022
Next filing
05 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ED Common Stock Options Exercise +25 +2.5% 1,017 31 Mar 2022 By Spouse F2
transaction ED Common Stock Disposed to Issuer $2,367 -25 -2.5% $94.68 992 31 Mar 2022 By Spouse
holding ED Common Stock 1,562 31 Mar 2022 Direct F1

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 Restricted Stock Units (Phantom Stock) Options Exercise -25 -100% 0 31 Mar 2022 Common Stock 25 By Spouse F2, F3
transaction ED Performance Restricted Stock Units (Phantom Stock) Award +200 200 01 Apr 2022 Common Stock 200 By Spouse F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total includes 2.481 Deferred Stock Units ("DSUs") acquired on March 15, 2022 pursuant to the Consolidated Edison, Inc. (the "Company") Long Term Incentive Plan's dividend reinvestment provision. Each DSU represents one share of the Company's common stock.
F2 Each Performance Restricted Stock Unit ("PRSU") is the economic equivalent of one share of Company common stock. The reporting person's spouse settled all of her PRSUs for cash.
F3 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 Company's Long Term Incentive Plan ("LTIP").
F4 PRSUs granted under the LTIP. Each PRSU is the economic equivalent of one share of Company common stock.
F5 PRSUs will vest in 2025 when they are determined and awarded by the Company.
F6 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.
F7 Not applicable.