Blazquez Pedro Azagra - Jan 10, 2023 Form 4 Insider Report for Avangrid, Inc. (AGR)

Signature
/s/ Elizabeth K. Riotte, as Attorney-in-Fact
Stock symbol
AGR
Transactions as of
Jan 10, 2023
Transactions value $
-$738,989
Form type
4
Date filed
1/17/2023, 04:58 PM
Previous filing
Jun 8, 2022
Next filing
Apr 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGR Common Shares Options Exercise +12.8K 12.8K Jan 10, 2023 Direct F1
transaction AGR Common Shares Tax liability -$179K -4.07K -31.89% $43.92 8.69K Jan 10, 2023 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 Restricted Stock Units Options Exercise -$560K -12.8K -50% $43.92 12.8K Jan 10, 2023 Commmon Stock 12.8K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents one contingent right to receive one share of common stock.
F2 Includes vesting of 257.795 restricted stock units acquired through dividend reinvestment.
F3 These restricted stock units vest in two equal installments on January 10, 2023, and January 9, 2024.
F4 Includes 257.795 restricted stock units acquired through dividend reinvestment.

Remarks:

This Form 4 is being filed late due to inadvertent administrative error.