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

Role
Officer
Signature
/s/ Susan Johnston by Power of Attorney
Issuer symbol
N/A
Transactions as of
15 Feb 2022
Net transactions value
$0
Form type
4
Filing time
17 Feb 2022, 15:05:25 UTC
SEC
View on sec.gov

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 +3,000 $0.000000 3,000 15 Feb 2022 Common Stock 3,000 $0.000000 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.