EXELON CORP — Director's Dealing 2021

Jan 20, 2021

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: EXELON CORP (EXC)
CIK: 0001109357
Period of Report: 2020-12-31

Reporting Person: Khouzami Carim V (CEO of BGE)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8872	Direct
Common Stock (401k Shares)	664	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
2018 Restricted Stock Unit Award	$0		Common Stock (1184)	1184	Direct
2019 Restricted Stock Unit Award	$0		Common Stock (1853)	1853	Direct
2020 Restricted Stock Unit Award	$0		Common Stock (5988)	5988	Direct
Deferred Compensation Equivalent Shares	$0		Common Stock (693)	693	Direct

Footnotes

F1: Shares held as of December 31, 2020 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 quarterly reinvestment of dividends.

F2: Previously awarded restricted stock units (RSUs) granted pursuant to the Exelon Long Term Incentive Plan. RSUs are granted annually at the Compensation and Leadership Development committee's first meeting in January or February and vest in 1/3 increments on the date of the committee's first annual meeting in the first, second and third years after the award was granted. Award balances accrue additional RSUs through quarterly dividend reinvestment that vest on the same schedule as the underlying award.

F3: Balance includes 44 shares acquired through quarterly dividend reinvestment during 2020.

F4: Balance includes 69 shares acquired through quarterly dividend reinvestment during 2020.

F5: Balance includes 224 shares acquired through quarterly dividend reinvestment during 2020.

F6: Phantom share equivalents representing units held in the Exelon stock fund in a multi-fund, non-qualified deferred compensation plan. The Exelon stock fund is a unitized fund that consists of Exelon common stock and short term investments. Units of the fund will be settled upon the reporting person's separation from the company for any reason. Units will be settled in cash. Units are acquired through regular periodic contributions, company matching contributions and the reinvestment of dividend equivalents. The balance of phantom share equivalents may fluctuate due to periodic changes in the fund composition.

F7: Balance includes 25 share equivalents accrued through quarterly dividend reinvestment during 2020.