ROBERT D. KUMP - 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
-$69,022
Form type
4
Filing time
10 Mar 2022, 15:55:14 UTC
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 +5,248 +74% 12,332 08 Mar 2022 Direct F1
transaction AGR Common Stock Tax liability $69,022 -1,523 -12% $45.32 10,809 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 -5,248 -100% $0.000000* 0 08 Mar 2022 Common Stock 5,248 Direct F1, F2
* 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 installments. Vested 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

Remarks:

President and Deputy Chief Executive Officer of Avangrid, Inc.