David Glockner - Jan 23, 2023 Form 4 Insider Report for EXELON CORP (EXC)

Role
EVP Compliance, Audit & Risk
Signature
Elizabeth M. Hensen, Attorney-in-Fact for David Glockner
Stock symbol
EXC
Transactions as of
Jan 23, 2023
Transactions value $
-$2,043,451
Form type
4
Date filed
1/25/2023, 02:50 PM
Previous filing
Feb 10, 2022
Next filing
Jan 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXC Common Stock Options Exercise +60.2K +595.88% 70.4K Jan 23, 2023 Direct F1
transaction EXC Common Stock Tax liability -$973K -23.3K -33.06% $41.82 47.1K Jan 23, 2023 Direct
transaction EXC Common Stock Disposed to Issuer -$1.07M -25.6K -54.37% $41.82 21.5K Jan 23, 2023 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
transaction EXC 2023 Restricted Stock Units Award +11.2K 11.2K Jan 23, 2023 Common Stock 11.2K $0.00 Direct F2
transaction EXC 2022 Restricted Stock Units Options Exercise -3.74K -33.33% 7.47K Jan 23, 2023 Common Stock 3.74K $0.00 Direct F3, F4
transaction EXC 2021 Restricted Stock Units Options Exercise -5.06K -50% 5.06K Jan 23, 2023 Common Stock 5.06K $0.00 Direct F3, F5
transaction EXC 2020 Restricted Stock Units Options Exercise -7.53K -100% 0 Jan 23, 2023 Common Stock 7.53K $0.00 Direct F3, F6
transaction EXC Earned Performance RSU Options Exercise -43.9K -100% 0 Jan 23, 2023 Common Stock 43.9K $0.00 Direct F7
* 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 336 additional shares during 2022 through automatic dividend reinvestment.
F5 The RSU award acquired 303 additional shares during 2022 through automatic dividend reinvestment.
F6 The RSU award acquired 226 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.