Michael Innocenzo - Dec 2, 2023 Form 4 Insider Report for EXELON CORP (EXC)

Role
CEO, PECO Energy Co.
Signature
Elizabeth M Hensen, attorney-in-fact for Michael Innocenzo
Stock symbol
EXC
Transactions as of
Dec 2, 2023
Transactions value $
-$356,525
Form type
4
Date filed
12/4/2023, 04:21 PM
Previous filing
Jan 25, 2023
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 +19,776 +39.65% 69,658 Dec 2, 2023 Direct F1
transaction EXC Common stock -Tax liability -$356,525 -9,144 -13.13% $38.99 60,514 Dec 2, 2023 Direct
holding EXC Common Stock ESPP 2,394 Dec 2, 2023 Direct 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 Retention RSUs -Options Exercise -19,776 -100% 0 Dec 2, 2023 Common stock 19,776 Direct F1
holding EXC 2023 Restricted Stock Units 6,692 Dec 2, 2023 Common stock 6,692 Direct F3, F4
holding EXC 2022 Restricted Stock Units 4,464 Dec 2, 2023 Common stock 4,464 Direct F3, F5
holding EXC 2021 Restricted Stock Units 3,019 Dec 2, 2023 Common stock 3,019 Direct F3, F6

Explanation of Responses:

Id Content
F1 Restricted stock unit (RSU) award grated under the Exelon LTIP on December 2, 2019. Award paid cash dividends to the recipient at the same rate as paid to common shareholders. Award cliff vested on December 2, 2023.
F2 Shares acquired through the Employee Stock Purchase Plan.
F3 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.
F4 Balance includes 176 shares acquired through automatic dividend reinvestment during 2023.
F5 Balance includes 118 shares acquired through automatic dividend reinvestment during 2023.
F6 Balance includes 80 shares acquired through automatic dividend reinvestment during 2023.