CONSOLIDATED EDISON INC — Director's Dealing 2013

Feb 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSOLIDATED EDISON INC (ED)
CIK: 0001047862
Period of Report: 2013-02-20

Reporting Person: Nadkarni Gurudatta D (VP, Strategic Planning)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-20	Common Stock	M	5000	—	Acquired	8243.01	Direct
2013-02-20	Common Stock	D	5000	$57.00	Disposed	3243.01	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-20	Performance Restricted Stock Units (Phantom Stock)	$	A	3800	Acquired		Common Stock (3800)	Direct
2013-02-20	Performance Restricted Stock Units (Phantom Stock)	$	M	5000	Disposed	2013-02-20	Common Stock (5000)	Direct

Footnotes

F1: Not Applicable.

F2: Performance Restricted Stock Units ("PRSU") cash-out pursuant to the terms of the Consolidted Edison, Inc. ("Company") Long Term Incentive Plan ("LTIP").

F3: Each 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.