R. Scott Mahoney - 08 Mar 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
08 Mar 2022
Net transactions value
-$264,397
Form type
4
Filing time
10 Mar 2022, 15:35:32 UTC
Previous filing
17 Feb 2022
Next filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGR Common Stock Options Exercise $109,131 +2,408 +57% $45.32 6,603 08 Mar 2022 Direct
transaction AGR Common Stock Tax liability $29,503 -651 -9.9% $45.32 5,932 08 Mar 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 AGR Performance Share Units Options Exercise $0 -2,408 -100% $0.000000* 0 08 Mar 2022 Common Stock 2,408 Direct F1, F2
transaction AGR Phantom Share Unit Options Exercise $344,024 -7,591 -100% $45.32 0 08 Mar 2022 Common Stock 7,591 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Share Unit represents a contingent to receive one share of common stock
F2 These Performance Share Units vest in three equal installmets. Vestend shares will be delivered between January 1, 2020 and June 30, 2020, January 1, 2021 and March 31, 2021, and January 1, 2022 and March 31, 2022
F3 Each phantom share unit is the economic equivalent of one share of the Issuer's common stock.

Remarks:

Senior Vice President - General Counsel and Corporate Secretary