Ignacio Estella - Feb 15, 2022 Form 4 Insider Report for Avangrid, Inc. (AGR)

Role
Officer
Signature
/s/ Susan Johnston by Power of Attorney
Stock symbol
AGR
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 03:05 PM

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 Phantom Share Units Award $0 +3K $0.00 3K Feb 15, 2022 Common Stock 3K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ignacio Estella is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each phantom share unit is the economic equivalent of one share of the Issuer's common stock.
F2 These phantom share units vest in four equal installments ad will be settled in cash on August 15, 2022, February 15, 2023, August 15, 2023, and February 15, 2024

Remarks:

Senior vice President - Corporate Decelopment of Avangrid, Inc.