Blazquez Pedro Azagra - 06 Jun 2022 Form 4 Insider Report for Avangrid, Inc.

Role
Chief Executive Officer, Director
Signature
/s/ R. Scott Mahoney by Power of Attorney
Issuer symbol
N/A
Transactions as of
06 Jun 2022
Net transactions value
$0
Form type
4
Filing time
08 Jun 2022, 14:42:07 UTC
Next filing
17 Jan 2023
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 Performance Stock Unit Award $0 +48,610 $0.000000 48,610 06 Jun 2022 Common Stock 48,610 Direct F1, F2
transaction AGR Restricted Stock Units Award $0 +25,000 $0.000000 25,000 06 Jun 2022 Common Stock 25,000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit represents one contingent right to receive one share of common stock.
F2 These performance stock units vest in three equal installments based on the achievement of certain performance objectives on March 31, 2023, March 1, 2024 and February 28, 2025.
F3 Each restricted stock unit represents one contingent right to receive one share of common stock.
F4 These restricted stock units vest in two equal installments on January 10, 2022, and January 9, 2024.