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Constellation Energy Corp — Director's Dealing 2023
Feb 2, 2023
29862_dirs_2023-02-01_09cfa107-9c1b-4c3d-bc16-123b5c9ae1b5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Constellation Energy Corp (CEG)
CIK: 0001868275
Period of Report: 2023-01-30
Reporting Person: Koehler Michael (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-30 | Common Stock | M | 24255 | — | Acquired | 42878 | Direct |
| 2023-01-30 | Common Stock | F | 7936 | $82.4 | Disposed | 34942 | Direct |
| 2023-01-30 | Common Stock | D | 5123 | $82.4 | Disposed | 29818 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-30 | Restricted Stock Units | $ | M | 8166 | Disposed | Common Stock (8166) | Direct | |
| 2023-01-30 | Restricted Stock Units | $ | M | 16088 | Disposed | Common Stock (16088) | Direct |
Footnotes
F1: Common shares acquired from vested equity awards granted under the Issuer's Long-term Incentive Plan ("LTIP").
F2: Restricted stock units ("RSUs") vest in 1/3 increments on the dates of the Compensation Committee's first-quarter meetings held in the first, second, and third years after the grant date. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing Common Stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU.
F3: The RSU award acquired approximately 134 additional shares through automatic dividend reinvestment, including approximately 67 shares that vested on January 30, 2023.
F4: RSUs cliff vested on January 30, 2023. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs do not accrue quarterly dividends.