AI assistant
Constellation Energy Corp — Director's Dealing 2024
Feb 8, 2024
29862_dirs_2024-02-07_1da44f9f-31f8-468e-aa55-2f08427764e3.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Constellation Energy Corp (CEG)
CIK: 0001868275
Period of Report: 2024-02-05
Reporting Person: Koehler Michael (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-05 | Common Stock | M | 48401 | — | Acquired | 78219 | Direct |
| 2024-02-05 | Common Stock | F | 18132 | $127.03 | Disposed | 60087 | Direct |
| 2024-02-05 | Common Stock | D | 24858 | $127.03 | Disposed | 35229 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-05 | Restricted Stock Units | $ | M | 7236 | Disposed | Common Stock (7236) | Direct | |
| 2024-02-05 | Restricted Stock Units | $ | A | 3352 | Acquired | Common Stock (3352) | Direct | |
| 2024-02-05 | 2021-2023 Performance Shares | $ | A | 41166 | Acquired | Common Stock (41166) | Direct | |
| 2024-02-05 | 2021-2023 Performance Shares | $ | M | 41166 | Disposed | Common Stock (41166) | 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 award.
F3: The RSU award acquired approximately 156 additional shares through automatic dividend reinvestment, including approximately 130 shares that vested on February 5, 2024.
F4: Performance share award granted under the LTIP for the three-year performance period referenced in Column 1 based upon the Compensation Committee's determination of performance achieved for the period. Each performance share represents the right to receive one share of Common Stock upon vesting. These performance shares do not accrue quarterly dividends. Performance share award vests immediately on the grant date.