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CONSOLIDATED EDISON INC Director's Dealing 2011

May 13, 2011

30095_dirs_2011-05-13_b92291d6-575b-42d7-b0b2-37ab49205531.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOLIDATED EDISON INC (ED)
CIK: 0001047862
Period of Report: 2011-05-12

Reporting Person: MCMAHON JOHN D (Former Executive)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-12 Common Stock M 40000 $43.72 Acquired 75026.66 Direct
2011-05-12 Common Stock S 40000 $54.10 Disposed 35026.66 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-12 Employee Stock Option (Right to Buy) $43.72 M 40000 Disposed 2015-01-20 Common Stock (40000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 630.73 Indirect
Common Stock 2309.16 Indirect

Footnotes

F1: Represents the weighted average sale price of the shares of Consolidated Edison, Inc. (the "Company") common stock sold by Mr. McMahon. The shares were sold in multiple transactions at prices ranging from $54.19 to $54.07, inclusive. The reporting person will provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the numbers of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4.