Catherine S. Stempien - Feb 16, 2024 Form 4 Insider Report for Avangrid, Inc. (AGR)

Role
Officer
Signature
/s/ Elizabeth K. Riotte by Power of Attorney
Stock symbol
AGR
Transactions as of
Feb 16, 2024
Transactions value $
$0
Form type
4
Date filed
2/20/2024, 03:02 PM
Previous filing
Jul 5, 2023
Next filing
Mar 4, 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 Units Options Exercise $0 -2.67K -33.34% $0.00 5.33K Feb 16, 2024 Commmon Stock 2.67K 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 three equal installments and will be settled in cash on February 16, 2024, February 16, 2025, and February 16, 2026.

Remarks:

President and Chief Executive Officer of Avangrid Networks, Inc.