Ann C. Berzin - Mar 31, 2022 Form 4 Insider Report for EXELON CORP (EXC)

Role
Director
Signature
Elizabeth M. Hensen, Attorney in Fact for Ann C. Berzin
Stock symbol
EXC
Transactions as of
Mar 31, 2022
Transactions value $
$80,246
Form type
4
Date filed
4/4/2022, 11:50 AM
Previous filing
Mar 25, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXC Common Stock (Deferred Stock Units) Award $38.8K +889 +1.72% $43.60 52.6K Mar 31, 2022 By Exelon Directors' Deferred Stock Unit Plan 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 EXC Deferred Compensation - Phantom Share Equivalents Award $41.5K +871 +1.65% $47.63 53.5K Mar 31, 2022 Common Stock 871 Direct F4
holding EXC Phantom Stock Units 42.4K Mar 31, 2022 Common Stock 42.4K By CEG Deferred Compensation Plan for Non-employee Directors F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance includes 397 shares acquired on March 10, 2022 through automatic dividend reinvestment.
F2 In connection with the separation of Constellation Energy Corp. (Constellation) from Exelon effective February 1, 2022 (the Spin-Off), the balance of deferred stock units immediately prior to the Spin-Off was adjusted to preserve the overall value of the account balance post-Spin-Off. As a result the deferred stock unit balance was increased by an additional 12,396 units. Such adjustment is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the Exchange Act) pursuant to Rule 16a-9 under the Exchange Act.
F3 Phantom deferred stock units converted from the legacy Constellation Energy Group Inc. (CEG) Deferred Compensation Plan for Non-employee Directors to be settled in cash on a 1 for 1 basis upon the termination of the reporting person's service. Balance updated to reflect 325 additional stock units credited on March 10, 2022 through the dividend reinvestment feature of the plan and 10,149 additional stock units through the Spin-Off related adjustment explained in Note #2.
F4 Phantom share equivalents acquired in the reporting person's Exelon stock fund account that is part of a multi-fund, non-qualified deferred compensation plan and that will be settled in cash on a 1 for 1 basis upon the termination of the reporting person's service. Balance also reflects 316 share equivalents accrued on February 24, 2022 through automatic dividend reinvestment.