EXELON CORP — Director's Dealing 2023

Jan 25, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXELON CORP (EXC)
CIK: 0001109357
Period of Report: 2023-01-23

Reporting Person: Trpik Joseph R JR (Senior VP & Corp. Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-23	Common Stock	M	11173	—	Acquired	37836	Direct
2023-01-23	Common Stock	F	3440	$41.82	Disposed	34396	Direct
2023-01-23	Common Stock	D	5168	$41.82	Disposed	29228	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-23	2023 Restricted Stock Units	$0	A	3946	Acquired		Common Stock (3946)	Direct
2023-01-23	2022 Restricted Stock Units	$0	M	1288	Disposed		Common Stock (1288)	Direct
2023-01-23	2021 Restricted Stock Units	$0	M	1324	Disposed		Common Stock (1324)	Direct
2023-01-23	2020 Restricted Stock Units	$0	M	1262	Disposed		Common Stock (1262)	Direct
2023-01-23	Earned Performance RSU	$0	M	7298	Disposed		Common Stock (7298)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (401k Shares)	1396	Direct
Common Stock	6271	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit Award 10/28/2022	$0		Common Stock (25204)	25204	Direct
Deferred Comp Phantom Shares	$0		Common Stock (519)	519	Direct

Footnotes

F1: Common shares acquired from vested equity awards granted under the Exelon Long-term Incentive Plan (LTIP).

F2: Restricted stock unit (RSU) award granted under the Exelon LTIP. Award vests in 1/3 increments at the January or February meeting of the Exelon Compensation Committee with each RSU representing the right to receive one share of Exelon common stock upon vesting. The award accrues quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Board, which vest on the same schedule as the underlying RSU award.

F3: Vesting of previously granted RSU award under the Exelon LTIP. See footnote #2 for details about the award's terms and vesting schedule.

F4: The RSU award acquired 87 additional shares through automatic dividend reinvestment during the period from May 10, 2022 through December 31, 2022.

F5: The RSU award acquired 60 additional shares through automatic dividend reinvestment during the period from May 10, 2022 through December 31, 2022.

F6: The RSU award acquired 28 additional shares through automatic dividend reinvestment during the period from May 10, 2022 through December 31, 2022.

F7: Vesting of previously granted RSU award under the LTIP. This award cliff vests at the January 2023 meeting of the Exelon Compensation Committee with each RSU representing the right to receive one share of Exelon common stock.

F8: RSU award granted under the LTIP with each RSU representing the right to receive one share of Exelon common stock upon vesting. Shares will vest in 1/3 increments on the first, second and third anniversary of the award date referenced in Column 1. The award accrues quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Board, which vest on the same schedule as the underlying RSU award.

F9: The RSU award acquired 204 additional shares during 2022 through automatic dividend reinvestment.

F10: Phantom share equivalents held as of December 31, 2022 in the Exelon stock fund within the Exelon Deferred Compensation Plan, which is multi-fund, non-qualified deferred compensation plan. The share equivalents within the fund will be settled in cash upon the reporting person's separation from the company for any reason. The balance includes 12 additional share equivalents accrued during 2022 through automatic dividend reinvestment.

F11: Balance as of December 31, 2022.