R. Scott Mahoney - Aug 15, 2023 Form 4 Insider Report for Avangrid, Inc. (AGR)

Role
SVP - General Counsel & Sec.
Signature
/s/ Elizabeth K. Riotte by Power of Attorney
Stock symbol
AGR
Transactions as of
Aug 15, 2023
Transactions value $
$0
Form type
4
Date filed
8/17/2023, 09:48 AM
Previous filing
Jul 5, 2023
Next filing
Feb 16, 2024

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 Phantom Share Unit Options Exercise $0 -750 -50% $0.00 750 Aug 15, 2023 Common Stock 750 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom share unit is the economic equivalent of one share of the Issuer's common stock
F2 These phantom share units vest in four equal installments. The remaining installment will vest and be settled in cash on February 15, 2024.