Grace H. Park - Sep 16, 2024 Form 3 Insider Report for PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)

Signature
Isabel Ryan, as Attorney-in-Fact for Grace H Park
Stock symbol
PEG
Transactions as of
Sep 16, 2024
Transactions value $
$0
Form type
3
Date filed
9/25/2024, 04:51 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PEG Common Stock 6K Sep 16, 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
holding PEG Phantom Stock Sep 16, 2024 Common Stock 2.61K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 LTIP Restricted Stock Unit Grant. Phantom stock represents the share equivalent of amount deferred under the Equity Deferral Plan upon vesting.
F2 The LTIP Restricted Stock Unit Grant has a 3-year graded vesting (1/3 per year) starting from the grant date. Date shown is the vesting of the first tranche of the award.
F3 Phantom stock does not have a corresponding expiration date.
F4 Phantom stock converts into common stock on a one-for-one basis upon vesting in three annual installments with the first vesting on February 13, 2025, the first anniversary of the grant date. The second tranche will vest on February 13, 2026 and third tranche will vest on February 13, 2027.