EXELON CORP — Director's Dealing 2017

Jun 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXELON CORP (EXC)
CIK: 0001109357
Period of Report: 2017-06-09

Reporting Person: SHATTUCK MAYO A III (Director, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-09	Common Stock	M	200000	$32.46	Acquired	567649	Direct
2017-06-09	Common Stock	S	200000	$36.47	Disposed	367649	Direct
2017-06-12	Common Stock	M	265892	$32.46	Acquired	633541	Direct
2017-06-12	Common Stock	S	265892	$36.56	Disposed	367649	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-09	NQ Stock Option 02/25/2011	$32.46	M	200000	Disposed	2018-03-01	Common Stock (200000)	Direct
2017-06-12	NQ Stock Option 02/25/2011	$32.46	M	265892	Disposed	2018-03-01	Common Stock (265892)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (401k Shares)	2075	Direct
Common Stock	10000	Indirect
Common Stock (Deferred stock units)	14603	Indirect

Footnotes

F1: Shares were sold in lots ranging in price from $36.33 to $36.61. The filer undertakes to provide upon request by the SEC Staff, the issuer, or a security holder of the issuer, full information rgarding the number of shares purchased or sold at each separate price.

F2: Shares were sold in lots ranging in price from $36.40 to $36.88. The filer undertakes to provide upon request by the SEC Staff, the issuer, or a security holder of the issuer, full information rgarding the number of shares purchased or sold at each separate price.

F3: Exercise of fully-vested non-qualified employee stock options that expire on March 1, 2018. Options were originally granted by Constellation Energy Group that vested and were converted pursuant to the Merger Agreement. Each Constellation option was converted into an option to purchase Exelon common stock at the rate of 0.93 shares of Exelon common stock for each share of Constellation common stock at a strike price equal to the quotient of the original Constellation strike price and 0.93.

F4: Shares held as of May 31, 2017 in a multi-fund 401(k) Plan to be settled in cash upon the reporting person's termination of employment for any reason on a 1:1 basis. Shares are acquired through regular periodic contributions, company matching contributions, and the automatic reinvestment of dividends.

F5: Lizzie Mae, LLC, is a limited liability company of which the reporting person is the manager and to which the reporting person transferred shares of his Exelon common stock. On December 18, 2012, the reporting person transferred 1/3 membership interests in Lizzie Mae, LLC, to each of three trusts, each one for the benefit of one of the reporting person's three minor children. The reporting person's wife is a trustee of each of the trusts. The reporting person disclaims beneficial ownership of the Exelon Corporation common stock held by Lizzie Mae LLC except to the extent of his pecuniary interest therein.

F6: Balance includes 129 shares acquired on June 9, 2017 through automatic dividend reinvestment.