Nancy Shannon - Jul 1, 2022 Form 3 Insider Report for CONSOLIDATED EDISON INC (ED)

Role
SVP, Utility Shared Services
Signature
Vanessa M. Franklin; Attorney-in-Fact
Stock symbol
ED
Transactions as of
Jul 1, 2022
Transactions value $
$0
Form type
3
Date filed
7/1/2022, 04:45 PM
Previous filing
Jul 7, 2022
Next filing
Aug 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ED Common Stock 184 Jul 1, 2022 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
holding ED Performance Units (Phantom Stock) Jul 1, 2022 Common Stock 1.7K Direct F1, F2, F3, F4
holding ED Performance Units (Phantom Stock) Jul 1, 2022 Common Stock 2.7K Direct F1, F3, F4, F5
holding ED Performance Units (Phantom Stock) Jul 1, 2022 Common Stock 1.5K Direct F1, F3, F4, F6
holding ED Time-Based Restricted Stock Units (Phantom Stock) Jul 1, 2022 Common Stock 700 Direct F4, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Unit granted under the Consolidated Edison, Inc. ("Company") Long Term Incentive Plan ("LTIP"). Each Performance Unit is the economic equivalent of one share of Company common stock.
F2 The Performance Units, granted in 2020, will vest on 12/31/22 and will be settled in 2023 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors (the "MD&C Committee").
F3 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 Company LTIP.
F4 Not applicable.
F5 The Performance Units, granted in 2021, will vest on 12/31/23 and will be settled in 2024 when they are determined and awarded by the MD&C Committee.
F6 The Performance Units, granted in 2022, will vest on 12/31/24 and will be settled in 2025 when they are determined and awarded by the MD&C Committee.
F7 Each Time-Based Restricted Stock Unit represents a contingent right to receive one share of Company common stock.
F8 The Time-Based Restricted Stock Units, granted in 2022 under the LTIP, will vest 100% on 12/31/24.