Gurudatta D. Nadkarni - 15 Feb 2023 Form 4 Insider Report for CONSOLIDATED EDISON INC (ED)

Signature
William J. Kelleher; Attorney-in-Fact
Issuer symbol
ED
Transactions as of
15 Feb 2023
Net transactions value
-$300,903
Form type
4
Filing time
17 Feb 2023, 18:16:52 UTC
Previous filing
06 Feb 2023
Next filing
06 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ED Common Stock Options Exercise +3,303 +36% 12,530 15 Feb 2023 Direct F1
transaction ED Common Stock Disposed to Issuer $300,903 -3,303 -26% $91.10 9,227 15 Feb 2023 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 Units Options Exercise -3,303 -100% 0 15 Feb 2023 Common Stock 3,303 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Performance Units granted in 2020 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.