Dennis V. Arriola - Jun 8, 2021 Form 4 Insider Report for Avangrid, Inc. (AGR)

Role
Officer, Director
Signature
/s/ Susan Johnston by Power of Attorney
Stock symbol
AGR
Transactions as of
Jun 8, 2021
Transactions value $
-$434,615
Form type
4
Date filed
6/10/2021, 04:58 PM
Next filing
Jan 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGR Common Stock Options Exercise +17.5K +70% 42.5K Jun 8, 2021 Direct F1
transaction AGR Common Stock Tax liability -$435K -8.11K -19.08% $53.59 34.4K Jun 8, 2021 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 AGR Restricted Stock Units Options Exercise $0 +17.5K $0.00 17.5K Jun 8, 2021 Common Stock 17.5K Direct F1, F2
transaction AGR Restricted Stock Options Exercise $0 -17.5K -100% $0.00* 0 Jun 8, 2021 Common Stock 17.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Avangrid common stock.
F2 On June 8, 2021 the reporting person was granted 17,500 restricted stock units vesting immediately.

Remarks:

Chief Executive Officer of Avangrid, Inc.