R. Scott Mahoney - 16 Feb 2024 Form 4 Insider Report for Avangrid, Inc.

Role
SVP - General Counsel & Sec.
Signature
/s/ Elizabeth K. Riotte by Power of Attorney
Issuer symbol
N/A
Transactions as of
16 Feb 2024
Net transactions value
$0
Form type
4
Filing time
20 Feb 2024, 15:03:53 UTC
Previous filing
16 Feb 2024
Next filing
04 Mar 2024
SEC
View on sec.gov

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 -2,667 -33% $0.000000 5,333 16 Feb 2024 Common Stock 2,667 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.