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CONSOLIDATED EDISON INC — Director's Dealing 2023
Feb 18, 2023
30095_dirs_2023-02-17_9aa143cd-6027-4b23-bd10-59b9eebaf17a.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: 2023-02-15
Reporting Person: Ketschke Matthew (President CECONY)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-15 | Common Stock | M | 5221.00 | — | Acquired | 6843.189 | Direct |
| 2023-02-15 | Common Stock | D | 3916.000 | $91.1 | Disposed | 2927.189 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-15 | Performance Units | $ | M | 5221 | Disposed | Common Stock (5221) | Direct | |
| 2023-02-15 | Performance Units | $ | A | 12700 | Acquired | Common Stock (12700) | Direct | |
| 2023-02-15 | Time-Based Restricted Stock Units | $ | A | 5500 | Acquired | 2025-12-31 | Common Stock (5500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1056.649 | Indirect |
Footnotes
F1: Represents Performance Units granted in 2020 under the Long Term Incentive Plan of the Company (the "LTIP") that vested for which the reporting person elected to receive a portion of the value in cash and defer a portion in shares until a later date. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock.
F2: Represents a grant of Performance Units granted under the LTIP scheduled to vest in 2026 upon the determination of the performance criteria by the Management, Development and Compensation Committee of the Board of Directors of the Company. Each Performance Unit is the economic equivalent of one share of Company common stock. The number of shares (or cash equivalents) ultimately received will be adjusted and determined based upon the achievement of the performance criteria.
F3: Represents a grant of time-based restricted stock units granted under the LTIP scheduled to vest in full on December 31, 2025. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock.