Justin Lagasse - Mar 1, 2024 Form 4 Insider Report for Avangrid, Inc. (AGR)

Role
SVP - CFO and Controller
Signature
/s/ Elizabeth K. Riotte by Power of Attorney
Stock symbol
AGR
Transactions as of
Mar 1, 2024
Transactions value $
-$15,409
Form type
4
Date filed
3/4/2024, 06:10 PM
Previous filing
Jul 21, 2023
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGR Commmon Stock Options Exercise $0 +1.43K +141.53% $0.00 2.44K Mar 1, 2024 Direct F1
transaction AGR Commmon Stock Tax liability -$15.4K -495 -20.31% $31.13 1.94K Mar 1, 2024 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 Performance Share Units Options Exercise $0 -1.43K -50% $0.00 1.43K Mar 1, 2024 Commmon Stock 1.43K 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 1,428 shares of common stock.
F2 Each performance stock unit represents one contingent right to receive one share of common stock.
F3 These performance stock units vest in three equal installments based on the achievement of certain performance objectives on or before June 30, 2023, March 31, 2024 and March 31, 2025.