PUBLIC SERVICE ENTERPRISE GROUP INC — Director's Dealing 2011

Aug 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)
CIK: 0000788784
Period of Report: 2011-07-28

Reporting Person: RENYI THOMAS A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-28	Phantom Stock	$	A	45.3858	Acquired		Common Stock (45.3858)	Direct

Footnotes

F1: Phantom stock converts to common stock on a 1-for-1 basis. Phantom stock represents the share equivalent of amount deferred under the Directors' Compensation Plan.

F2: The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of services as a director.

F3: The derivative, phantom stock, does not have a corresponding exercisable date nor expiration date.