Key facts
- This page summarizes Christopher M. Crane's Form 4 filing for EXELON CORP (EXC).
- 2 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 10 Feb 2022, 19:07.
Christopher M. Crane - 08 Feb 2022 Form 4 Insider Report for EXELON CORP (EXC)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- EXC
- Reported as of
- 08 Feb 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 10 Feb 2022, 19:07:35 UTC
- Prior SEC filing
- 10 Jan 2022
- Source filing
- View source filing
- Reporting owner signature
- Elizabeth M. Hensen, Attorney-in-Fact for Christopher M. Crane
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Christopher M. Crane filed Form 4 for EXELON CORP (EXC) on 10 Feb 2022.
Change
- Previous filing in this sequence was filed on 10 Jan 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
EXC
transaction
Derivative
2022 Restricted Stock Units
Award
- Transaction value
- Shares
- +84,243
- Change %
- Price
- Shares after
- 84,243
- Date
- 08 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 84,243
- Exercise price
- $0.000000
- Footnotes
- F1
EXC
transaction
Derivative
Earned Performance RSU
Award
- Transaction value
- Shares
- +215,793
- Change %
- Price
- Shares after
- 215,793
- Date
- 08 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 215,793
- Exercise price
- $0.000000
- Footnotes
- F4
EXC
holding
Derivative
2021 Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 75,965
- Date
- 08 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 75,965
- Exercise price
- $0.000000
- Footnotes
- F1, F2
EXC
holding
Derivative
2020 Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 36,190
- Date
- 08 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 36,190
- Exercise price
- $0.000000
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Restricted stock units (RSU) awarded under the Exelon Long Term Incentive Plan (LTIP). Award vests in 1/3 increments at the January or February meeting of the Exelon Compensation Committee with each RSU representing the right to receive one share of Exelon common stock upon vesting. RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Board, which vest on the same schedule as the underlying RSU.
Footnote F2
In connection with the separation of Constellation Energy Corp (Constellation) from Exelon effective February 1, 2022 (the Spin-Off), the unvested balance of RSU awards outstanding immediately prior to the Spin-Off were adjusted to preserve their intrinsic value post-Spin Off. As a result, the balance of this RSU award accrued an additional 18,346 RSUs. Such adjustment is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (Exchange Act) pursuant to Rule 16a-9 under the Exchange Act. The award will continue to vest on its original schedule and otherwise has substantially the same terms and conditions as the original award.
Footnote F3
Identical adjustment as described in Note 2. As a result, the balance of this RSU award accrued an additional 8,740 RSUs. Such adjustment is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (Exchange Act) pursuant to Rule 16a-9 under the Exchange Act. The award will continue to vest on its original schedule and otherwise has substantially the same terms and conditions as the original award.
Footnote F4
RSUs awarded under the LTIP. Award cliff vests at the January 2023 meeting of the Exelon Compensation Committee with each RSU representing the right to receive one share of Exelon common stock upon vesting. RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Board, which vest on the same schedule as the underlying RSU. In connection with Spin-Off, this award replaces the 2020 to 2022 performance share award. The Exelon Compensation Committee approved the conversion and replacement to the outstanding award target based on 2021 year-end performance, as adjusted for the Spin-Off.