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CONSOLIDATED EDISON INC — Director's Dealing 2013
Feb 22, 2013
30095_dirs_2013-02-22_27882acf-88f7-4f32-9bf1-597aa3865f03.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: William Longhi G (President, Shared Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-02-20 | Common Stock | M | 30074 | — | Acquired | 48018.27 | Direct |
| 2013-02-20 | Common Stock | F | 7414 | $57.00 | Disposed | 40604.27 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-02-20 | Performance Restricted Stock Units (Phantom Stock) | $ | A | 22000 | Acquired | Common Stock (22000) | Direct | |
| 2013-02-20 | Performance Restricted Stock Units (Phantom Stock) | $ | M | 30074 | Disposed | 2013-02-20 | Common Stock (30074) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2611.94 | Indirect |
| Common Stock | 70 | Indirect |
Footnotes
F1: Not Applicable.
F2: Includes 142.29 and 153.18 Deferred Stock Units acquired on September 15, 2012 and December 15, 2012, respectively, pursuant to the Consolidated Edison, Inc. ("Company") Long Term Incentive Plan ("LTIP") dividend reinvestment provision.
F3: Each Performance Restricted Stock Unit ("PRSU") is the economic equivalent of one share of Company common stock.
F4: PRSUs granted under the Company's 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.
F5: 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 Company's LTIP.
F6: 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 Company's LTIP.