Calvin Butler Jr - Jan 29, 2024 Form 4 Insider Report for EXELON CORP (EXC)

Role
President & CEO, Director
Signature
Elizabeth M Hensen, attorney-in-fact for Calvin G Butler Jr
Stock symbol
EXC
Transactions as of
Jan 29, 2024
Transactions value $
-$2,119,553
Form type
4
Date filed
1/31/2024, 04:05 PM
Previous filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction EXC Common Stock +Options Exercise +21,811 +35% 84,124 Jan 29, 2024 Direct F1
transaction EXC Common Stock +Options Exercise +8,729 +10.38% 92,853 Jan 29, 2024 Direct F1
transaction EXC Common Stock +Options Exercise +9,225 +9.94% 102,078 Jan 29, 2024 Direct F1
transaction EXC Common Stock +Options Exercise +64,301 +62.99% 166,379 Jan 29, 2024 Direct F2
transaction EXC Common Stock -Tax liability -$1,490,650 -42,240 -25.39% $35.29 124,139 Jan 29, 2024 Direct
transaction EXC Common Stock -Disposed to Issuer -$628,903 -17,821 -14.36% $35.29 106,318 Jan 29, 2024 Direct
holding EXC Common Stock 401k 3,530 Jan 29, 2024 Direct F3

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 2024 Restricted Stock Units +Grant/Award +88,836 88,836 Jan 29, 2024 Common Stock 88,836 Direct F1
transaction EXC 2023 Restricted Stock Units -Options Exercise -21,811 -33.33% 43,620 Jan 29, 2024 Common Stock 21,811 Direct F1, F4
transaction EXC 2022 Restricted Stock Units -Options Exercise -8,729 -50% 8,729 Jan 29, 2024 Common Stock 8,729 Direct F1, F5
transaction EXC 2021 Restricted Stock Units -Options Exercise -9,225 -100% 0 Jan 29, 2024 Common Stock 9,225 Direct F1, F6
transaction EXC 2021-2023 Performance Shares +Grant/Award +64,301 64,301 Jan 29, 2024 Common Stock 64,301 Direct F2
transaction EXC 2021-2023 Performance Shares -Options Exercise -64,301 -100% 0 Jan 29, 2024 Common Stock 64,301 Direct F2

Explanation of Responses:

Id Content
F1 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 Comp. Committee with each RSU representing the right to receive one share of Exelon common stock upon vesting. The award accrues additional RSUs each quarter through automatic dividend reinvestment and the additional RSUs vest on the same schedule as the underlying award.
F2 Performance share award granted under the Exelon LTIP for the three-year performance period referenced in Column 1 based upon the Comp. Committee's determination of performance achieved for the period. Each performance share represents the right to receive one share or the cash equivalent of one share pursuant to the Plan's terms with respect to individual stock ownership levels. Performance share awards vest immediately on their grant date.
F3 Balance as of December 31, 2023.
F4 Pre-vesting balance includes 2,303 shares acquired through automatic dividend reinvestment during 2023.
F5 Pre-vesting balance includes 615 shares acquired through automatic dividend reinvestment during 2023.
F6 Pre-vesting balance includes 325 shares acquired through automatic dividend reinvestment during 2023.