EXELON CORP — Director's Dealing 2023

Jul 3, 2023

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: EXELON CORP (EXC)
CIK: 0001109357
Period of Report: 2023-06-30

Reporting Person: Kleczynski Robert A (SVP & Corp Controller)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17068	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit Award (01/25/2021)	$		Common stock (1348)		Direct
Restricted Stock Unit Award (01/28/2022	$		Common stock (2327)		Direct
Restricted Unit Award (01/23/2023)Stock	$		Common stock (3536)		Direct
Restricted Stock Unit Award (02/25/2022)	$		Common stock (20990)		Direct
Deferred Compensation Phantom Share Equivalents	$		Common stock (1438)		Direct

Footnotes

F1: Remaining 1/3 increment of annual restricted stock unit (RSU) award granted in January 2021 pursuant to the Exelon Long Term Incentive Plan; each award vests in 1/3 increments on the date of the Compensation Committee's January or February meeting in the first, second and third years after the award was granted. Award balances accrue additional units through automatic dividend reinvestment, which vest on the same schedule as the underlying award.

F2: Remaining 2/3 increment of annual RSU award granted in January 2022 pursuant to the Exelon Long Term Incentive Plan; each award vests in 1/3 increments on the date of the Compensation Committee's January or February meeting in the first, second and third years after the award was granted. Award balances accrue additional units through automatic dividend reinvestment, which vest on the same schedule as the underlying award.

F3: Annual RSU award granted in January 2023 pursuant to the Exelon Long Term Incentive Plan; each award vests in 1/3 increments on the date of the Compensation Committee's January or February meeting in the first, second and third years after the award was granted. Award balances accrue additional units through automatic dividend reinvestment, which vest on the same schedule as the underlying award.

F4: Restricted stock unit award granted pursuant to the Exelon Long Term Incentive Plan. Award balance accrues additional units through automatic dividend reinvestment and all shares will cliff vest on February 25, 2025 with each RSU representing the right to receive one share of Exelon common stock upon vesting.

F5: 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.