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CONSOLIDATED EDISON INC — Director's Dealing 2016
Dec 1, 2016
30095_dirs_2016-12-01_6cd4f701-c9b5-4cdd-82f7-dce740cc86c0.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CONSOLIDATED EDISON INC (ED)
CIK: 0001047862
Period of Report: 2016-12-01
Reporting Person: Noyes Mark (President & CEO, CEE, CED, CES)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 0 | Direct |
| Common Stock | 15.64 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Restricted Stock Units (Phantom Stock) | $ | Common Stock (1217) | Direct | ||
| Performance Restricted Stock Units (Phantom Stock) | $ | Common Stock (1170) | Direct | ||
| Performance Restricted Stock Units (Phantom Stock) | $ | Common Stock (6000) | Direct |
Footnotes
F1: Performance Restricted Stock Unit ("PRSU") granted under the Con Edison Competitive Energy Businesses Long-Term Incentive Award Plan ("CEB LTIP"). Each PRSU is the economic equivalent of one share of Consolidated Edison, Inc. ("Company") common stock. The reporting person may only settle his PRSUs for cash.
F2: The PRSUs, granted in 2014, will vest in 2017 when they are determined and awarded by the Board of Competitive Shared Services, Inc.
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 CEB LTIP.
F4: Not applicable.
F5: The PRSUs, granted in 2015, will vest in 2018 when they are determined and awarded by the Board of Competitive Shared Services, Inc.
F6: PRSU granted under the Company Long Term Incentive Plan ("CEI LTIP"). Each PRSU is the economic equivalent of one share of Company common stock.
F7: The PRSUs, granted in 2016, will vest in 2019 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors.
F8: 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 CEI LTIP.