Sanders Scott L. 4
4 · CONSOLIDATED EDISON INC · Filed Feb 18, 2011
Insider Transaction Report
Form 4
Sanders Scott L.
Vice President and Treasurer
Transactions
- Award
Performance Restricted Stock Units (Phantom Stock)
2011-02-16+3,000→ 3,000 total→ Common Stock (3,000 underlying)
Holdings
- 0
Common Stock
Footnotes (4)
- [F1]Each Performance Restricted Stock Unit ("PRSU") is the economic equivalent of one share of Consolidated Edison, Inc. ("Company") common stock.
- [F2]PRSU's granted under the Company's Long Term Incentive Plan (the "LTIP"), will vest in 2014 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors.
- [F3]The number of shares (or cash equivalents) will be adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP.
- [F4]Not applicable.