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CONSOLIDATED EDISON INC — Director's Dealing 2012
Feb 21, 2012
30095_dirs_2012-02-21_6e59cb8e-706e-49d5-a244-db87d111b998.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: 2012-02-17
Reporting Person: Sanders Scott L. (Vice President and Treasurer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-17 | Performance Restricted Stock Units (Phantom Stock) | $ | A | 3000 | Acquired | Common Stock (3000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 0 | Direct |
Footnotes
F1: Each Performance Restricted Stock Unit ("PRSU") is the economic equivalent of one share of Consolidated Edison, Inc. ("Company") common stock.
F2: PRSU's granted under the Company's Long Term Incentive Plan (the "LTIP"), will vest in 2015 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors.
F3: The number of shares (or cash equivalents) will be adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP.
F4: Not applicable.