Blazquez Pedro Azagra - Mar 1, 2024 Form 4 Insider Report for Avangrid, Inc. (AGR)

Role: Chief Executive Officer, Director
Signature: /s/ Elizabeth K. Riotte by Power of Attorney
Stock symbol: AGR
Transactions as of: Mar 1, 2024
Transactions value $: -$102,760
Form type: 4
Date filed: 3/4/2024, 06:23 PM
Previous filing: Jan 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGR	Common Shares	Options Exercise	$0	+10.5K	+45.06%	$0.00	33.9K	Mar 1, 2024	Direct	F1
transaction	AGR	Common Shares	Tax liability	-$103K	-3.3K	-9.74%	$31.13	30.6K	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	-10.5K	-50%	$0.00	10.5K	Mar 1, 2024	Commmon Stock	10.5K		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.