Patricia C. Cosgel - Jun 30, 2023 Form 4 Insider Report for Avangrid, Inc. (AGR)

Role: SVP- Chief Financial Officer
Signature: /s/ Elizabeth K. Riotte, as Attorney-in-Fact
Stock symbol: AGR
Transactions as of: Jun 30, 2023
Transactions value $: -$60,299
Form type: 4
Date filed: 7/5/2023, 10:59 AM
Previous filing: Apr 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGR	Common Stock	Options Exercise	$0	+4.19K	+40.8%	$0.00	14.5K	Jun 30, 2023	Direct	F1
transaction	AGR	Common Stock	Tax liability	-$60.3K	-1.51K	-10.45%	$39.88	13K	Jun 30, 2023	Direct
holding	AGR	Commmon Stock						840	Jun 30, 2023	by 401(k)
holding	AGR	Commmon Stock						4.76K	Jun 30, 2023	by Deferred Compensation Plan

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 Unit	Options Exercise	$0	-11K	-56.59%	$0.00	8.41K	Jun 30, 2023	Common Stock	11K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with the vesting of performance stock units previously granted to the reporting person, the reporting person's received 4,193 shares of common stock.
F2	Each performance stock unit represents a contingent to receive on share of common stock
F3	These performance stock units vest and are delivered in three equal installments based on the achievement of certain performance objectives on June 30, 2023, March 31, 2024 and March 31, 2025.