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CONSOLIDATED EDISON INC — Director's Dealing 2013
Feb 22, 2013
30095_dirs_2013-02-22_6efecdfd-0863-443e-a712-0a8b0a6ee90e.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: 2013-02-20
Reporting Person: McAvoy John (President & CEO, O&R)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-20 | Common Stock | M | 9875 | — | Acquired | 10663.87 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-20 | Performance Restricted Stock Units (Phantom Stock) | $ | A | 18000 | Acquired | Common Stock (18000) | Direct | |
| 2013-02-20 | Performance Restricted Stock Units (Phantom Stock) | $ | M | 9875 | Disposed | 2013-02-20 | Common Stock (9875) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1879.86 | Indirect |
| Common Stock | 519.6 | Indirect |
Footnotes
F1: Not applicable.
F2: Each Performance Restricted Stock Unit ("PRSU") is the economic equivalent of one share of Consolidated Edison, Inc. ("Company") common stock.
F3: PRSU's granted under the Company's Long Term Incentive Plan (the "LTIP"), will vest in 2016 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors.
F4: 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.
F5: The number of shares (or cash equivalents) were adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP.