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: Anthony John Tyler (CEO of Pepco Holdings LLC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-23	Common Stock	M	12281	—	Acquired	16374	Direct
2023-01-23	Common Stock	F	4354	$41.82	Disposed	12021	Direct
2023-01-23	Common Stock	D	2358	$41.82	Disposed	9662	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-23	2023 Restricted Stock Units	$0	A	7181	Acquired		Common Stock (7181)	Direct
2023-01-23	2022 Restricted Stock Units	$0	M	2396	Disposed		Common Stock (2396)	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 (ESPP Shares)	974	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Deferred Comp Phantom Shares	$0		Common Stock (8781)	8781	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 216 additional shares during 2022 through automatic dividend reinvestment.

F5: The RSU award acquired 79 additional shares during 2022 through automatic dividend reinvestment.

F6: The RSU award acquired 38 additional shares during 2022 through automatic dividend reinvestment.

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: 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 269 additional share equivalents accrued during 2022 through automatic dividend reinvestment.