John McAvoy - 15 Feb 2023 Form 4 Insider Report for CONSOLIDATED EDISON INC (ED)

Role: Director
Signature: William J. Kelleher; Attorney-in-Fact
Issuer symbol: ED
Transactions as of: 15 Feb 2023
Net transactions value: -$2,899,349
Form type: 4
Filing time: 17 Feb 2023, 17:52:17 UTC
Previous filing: 17 May 2022
Next filing: 21 Mar 2024
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		+31,826	+215%		46,641	15 Feb 2023	Direct	F1
transaction	ED	Common Stock	Disposed to Issuer	$2,899,349	-31,826	-68%	$91.10	14,930	15 Feb 2023	Direct	F1, 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	Options Exercise		-31,826	-100%		0	15 Feb 2023	Common Stock	31,826		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the pro-rata vested portion of the Performance Units granted in 2020 to the reporting person while he was CEO, under the Long Term Incentive Plan of the Company (the "LTIP"), that vested for which the reporting person elected to receive the value in cash. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock.
F2	Includes 40.807, 36.627, and 37.424, Deferred Stock Units acquired on March 15, 2022, June 15, 2022, and December 15, 2022 respectively pursuant to the LTIP's dividend reinvestment provision.

Content

Represents the pro-rata vested portion of the Performance Units granted in 2020 to the reporting person while he was CEO, under the Long Term Incentive Plan of the Company (the "LTIP"), that vested for which the reporting person elected to receive the value in cash. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock.

Includes 40.807, 36.627, and 37.424, Deferred Stock Units acquired on March 15, 2022, June 15, 2022, and December 15, 2022 respectively pursuant to the LTIP's dividend reinvestment provision.