Chris Franklin - Feb 22, 2023 Form 4 Insider Report for Essential Utilities, Inc. (WTRG)

Signature
/s/ Brian Dingerdissen, attorney-in-fact for Mr. Franklin
Stock symbol
WTRG
Transactions as of
Feb 22, 2023
Transactions value $
$1,192,868
Form type
4
Date filed
2/24/2023, 04:25 PM
Previous filing
May 4, 2022
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTRG Common Stock Award $0 +16K +8.66% $0.00 200K Feb 22, 2023 Direct F1

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 WTRG Stock Options (Right to Buy) Award $1.19M +26.3K $45.37 26.3K Feb 22, 2023 Common Stock 26.3K $45.37 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units vest on 02/22/2026.
F2 Grant of 26,292 shares of stock options which vest one-third each year on the anniversary of the grant, subject to achievement of designated performance goals.