Robert A. Kleczynski - 29 Jan 2024 Form 4 Insider Report for EXELON CORP (EXC)

Signature
Elizabeth M Hensen, attorney-in-fact for Robert A Kleczynski
Issuer symbol
EXC
Transactions as of
29 Jan 2024
Net transactions value
-$265,451
Form type
4
Filing time
31 Jan 2024, 16:11:26 UTC
Previous filing
31 Oct 2023
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXC Common Stock Options Exercise +1,365 +8% 18,433 29 Jan 2024 Direct F1
transaction EXC Common Stock Options Exercise +1,186 +6.4% 19,619 29 Jan 2024 Direct F1
transaction EXC Common Stock Options Exercise +1,373 +7% 20,992 29 Jan 2024 Direct F1
transaction EXC Common Stock Options Exercise +9,569 +46% 30,561 29 Jan 2024 Direct F2
transaction EXC Common Stock Tax liability $145,959 -4,136 -14% $35.29 26,425 29 Jan 2024 Direct
transaction EXC Common Stock Disposed to Issuer $119,492 -3,386 -13% $35.29 23,039 29 Jan 2024 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 2024 Restricted Stock Units Award +4,676 4,676 29 Jan 2024 Common Stock 4,676 Direct F1
transaction EXC 2023 Restricted Stock Units Options Exercise -1,365 -33% 2,730 29 Jan 2024 Common Stock 1,365 Direct F1, F3
transaction EXC 2022 Restricted Stock Units Options Exercise -1,186 -50% 1,183 29 Jan 2024 Common Stock 1,186 Direct F1, F4
transaction EXC 2021 Restricted Stock Units Options Exercise -1,373 -100% 0 29 Jan 2024 Common Stock 1,373 Direct F1, F5
transaction EXC 2021-2023 Performance Shares Award +9,569 9,569 29 Jan 2024 Common Stock 9,569 Direct F2
transaction EXC 2021-2023 Performance Shares Options Exercise -9,569 -100% 0 29 Jan 2024 Common Stock 9,569 Direct F2
holding EXC Retention RSUs 21,371 29 Jan 2024 Common Stock 21,371 Direct F6, F7
holding EXC Deferred phantom share equivalents 1,674 29 Jan 2024 Common Stock 1,674 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 Pre-vesting balance includes 622 shares acquired through automatic dividend reinvestment during 2023.
F4 Pre-vesting balance includes 83 shares acquired through automatic dividend reinvestment during 2023.
F5 Pre-vesting balance includes 48 shares acquired through automatic dividend reinvestment during 2023.
F6 Balance includes 752 shares acquired through automatic dividend reinvestment during 2023.
F7 Restricted stock unit (RSU) award granted under the Exelon LTIP on February 25, 2022. Each RSU represents 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. The award will cliff vest on February 25, 2025.
F8 Balance includes additional 15 phantom share equivalents that were accrued through automatic dividend reinvestment during 2023 which were not reported on previously filed forms.
F9 Phantom share equivalents held in the reporting person's Exelon stock fund account that is part of a multi-fund, non-qualified deferred compensation plan. The stock fund is a unitized fund that consists of both Exelon common stock and short-term liquid investments. Units of the fund are acquired through quarter-end contributions and dividend reinvestment and will be settled for cash upon the termination of the reporting person. The balance of phantom share equivalents may fluctuate due to changes in the value of the fund units.