Blazquez Pedro Azagra - 01 Mar 2024 Form 4 Insider Report for Avangrid, Inc.

Signature
/s/ Elizabeth K. Riotte by Power of Attorney
Issuer symbol
N/A
Transactions as of
01 Mar 2024
Net transactions value
-$102,760
Form type
4
Filing time
04 Mar 2024, 18:23:33 UTC
Previous filing
11 Jan 2024
Next filing
23 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGR Common Shares Options Exercise $0 +10,532 +45% $0.000000 33,908 01 Mar 2024 Direct F1
transaction AGR Common Shares Tax liability $102,760 -3,301 -9.7% $31.13 30,607 01 Mar 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 -10,532 -50% $0.000000 10,532 01 Mar 2024 Commmon Stock 10,532 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 10,532 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 and are delivered 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.