Calvin Butler Jr - Jan 23, 2023 Form 4 Insider Report for EXELON CORP (EXC)

Role
President & CEO
Signature
Elizabeth M. Hensen, Attorney-in-Fact for Calvin Butler Jr
Stock symbol
EXC
Transactions as of
Jan 23, 2023
Transactions value $
-$2,095,851
Form type
4
Date filed
1/25/2023, 02:50 PM
Previous filing
Jan 3, 2023
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXC Common Stock Options Exercise +67.3K +148.87% 112K Jan 23, 2023 Direct F1
transaction EXC Common Stock Tax liability -$1.11M -26.5K -23.55% $41.82 86K Jan 23, 2023 Direct
transaction EXC Common Stock Disposed to Issuer -$989K -23.6K -27.5% $41.82 62.3K Jan 23, 2023 Direct
holding EXC Common Stock (401k Shares) 3.1K Jan 23, 2023 Direct F9

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 2023 Restricted Stock Units Award +63.1K 63.1K Jan 23, 2023 Common Stock 63.1K $0.00 Direct F2
transaction EXC 2022 Restricted Stock Units Options Exercise -8.42K -33.33% 16.8K Jan 23, 2023 Common Stock 8.42K $0.00 Direct F3, F4
transaction EXC 2021 Restricted Stock Units Options Exercise -8.9K -50% 8.9K Jan 23, 2023 Common Stock 8.9K $0.00 Direct F3, F5
transaction EXC 2020 Restricted Stock Units Options Exercise -7.36K -100% 0 Jan 23, 2023 Common Stock 7.36K $0.00 Direct F3, F6
transaction EXC Earned Performance RSU Options Exercise -42.6K -100% 0 Jan 23, 2023 Common Stock 42.6K $0.00 Direct F7
holding EXC Restricted Stock Unit Award 12/02/2019 37.5K Jan 23, 2023 Common Stock 37.5K $0.00 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common shares acquired from vested equity awards granted under the Exelon Long-term Incentive Plan (LTIP).
F2 Restricted stock unit (RSU) award granted under the Exelon LTIP. Award vests in 1/3 increments at the January or February meeting of the Exelon Compensation Committee with each RSU representing the right to receive one share of Exelon common stock upon vesting. The award accrues quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Board, which vest on the same schedule as the underlying RSU award.
F3 Vesting of previously granted RSU award under the Exelon LTIP. See footnote #2 for details about the award's terms and vesting schedule.
F4 The RSU award acquired 758 additional shares during 2022 through automatic dividend reinvestment.
F5 The RSU award acquired 534 additional shares during 2022 through automatic dividend reinvestment.
F6 The RSU award acquired 221 additional shares during 2022 through automatic dividend reinvestment.
F7 Vesting of previously granted RSU award under the LTIP. This award cliff vests at the January 2023 meeting of the Exelon Compensation Committee with each RSU representing the right to receive one share of Exelon common stock.
F8 RSU award granted under the LTIP with each RSU representing the right to receive one share of Exelon common stock upon vesting. Shares will cliff vest on December 2, 2024.
F9 Balance as of December 21, 2022.