R. Scott Mahoney - Mar 8, 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
Mar 8, 2022
Transactions value $
-$264,397
Form type
4
Date filed
3/10/2022, 03:35 PM
Previous filing
Feb 17, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGR Common Stock Options Exercise $109K +2.41K +57.4% $45.32 6.6K Mar 8, 2022 Direct
transaction AGR Common Stock Tax liability -$29.5K -651 -9.89% $45.32 5.93K Mar 8, 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 -2.41K -100% $0.00* 0 Mar 8, 2022 Common Stock 2.41K Direct F1, F2
transaction AGR Phantom Share Unit Options Exercise -$344K -7.59K -100% $45.32 0 Mar 8, 2022 Common Stock 7.59K 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