ROBERT J. LAWLESS - 30 Jun 2022 Form 4 Insider Report for Constellation Energy Corp (CEG)

Role: Director
Signature: /s/ Brian Buck, Attorney-in-Fact for Robert J. Lawless
Issuer symbol: CEG
Transactions as of: 30 Jun 2022
Net transactions value: +$124,977
Form type: 4
Filing time: 05 Jul 2022, 17:25:06 UTC
Previous filing: 04 Apr 2022
Next filing: 04 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CEG	Common Stock (Deferred Stock Units)	Award	$38,744	+648	+1.5%	$59.79	44,939	30 Jun 2022	Direct	F1
holding	CEG	Common Stock						1,091	30 Jun 2022	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	CEG	Deferred Compensation - Phantom Share Equivalents	Award	$86,234	+1,506	+3.4%	$57.26	46,165	30 Jun 2022	Common Stock	1,506		Direct	F3
holding	CEG	Phantom Deferred Stock Units						54,508	30 Jun 2022	Common Stock	54,508		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Balance includes approximately 104 shares acquired on June 10, 2022 through automatic dividend reinvestment.
F2	Phantom deferred stock units converted from the legacy Constellation Energy Group Inc. ("CEG") Deferred Compensation Plan for Non-employee Directors (the "Plan") that will be settled in cash on a 1-for-1 basis using the year-end price of CEG common stock in the year of termination of the reporting person's service. Balance updated to reflect approximately 128 additional stock units credited on June 10, 2022 through the dividend reinvestment feature of the Plan.
F3	Phantom share equivalents acquired in the reporting person's CEG stock fund account that is part of a multi-fund, non-qualified deferred compensation plan and will be settled in cash on a 1-for-1 basis upon termination of the reporting person's service. The balance of phantom share equivalents may fluctuate due to periodic changes in the fund composition. Balance also reflects approximately 116 share equivalents accrued on June 10, 2022 through automatic dividend reinvestment.