Joseph Miller - Mar 31, 2022 Form 4 Insider Report for CONSOLIDATED EDISON INC (ED)

Signature
Vanessa M. Franklin; Attorney-in-Fact
Stock symbol
ED
Transactions as of
Mar 31, 2022
Transactions value $
-$7,196
Form type
4
Date filed
4/1/2022, 04:57 PM
Previous filing
Mar 16, 2022
Next filing
May 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ED Common Stock Options Exercise +76 +7.39% 1.1K Mar 31, 2022 Direct F1
transaction ED Common Stock Disposed to Issuer -$7.2K -76 -6.88% $94.68 1.03K Mar 31, 2022 Direct
holding ED Common Stock 106 Mar 31, 2022 By Tax Reduction Act Stock Ownership Plan ("TRASOP") 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 Restricted Stock Units (Phantom Stock) Options Exercise -76 -100% 0 Mar 31, 2022 Common Stock 76 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Restricted Stock Unit ("PRSU") is the economic equivalent of one share of Consolidated Edison, Inc. ("Company") common stock. The reporting person settled all of his PRSUs for cash.
F2 Between 2/28/22 and 3/31/22 the reporting person's shares of Company common stock under the TRASOP increased by 0.876. The information in this report is based on a TRASOP plan statement dated as of 3/31/22.
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 Long Term Incentive Plan.