Tai Luther 4
4 · CONSOLIDATED EDISON INC · Filed Feb 21, 2012
Insider Transaction Report
Form 4
Tai Luther
SVP, Enterprise Shared Service
Transactions
- Exercise/Conversion
Performance Restricted Stock Units (Phantom Stock)
2012-02-15−15,744→ 0 totalFrom: 2012-02-15Exp: 2012-02-15→ Common Stock (15,774 underlying) - Exercise/Conversion
Common Stock
2012-02-15+15,774→ 47,288.4 total - Disposition to Issuer
Common Stock
2012-02-15$57.97/sh−15,774$914,419→ 31,514.4 total - Award
Performance Restricted Stock Units (Phantom Stock)
2012-02-17+7,400→ 7,400 total→ Common Stock (7,400 underlying)
Holdings
- 1,017.37(indirect: By THRIFT PLAN)
Common Stock
Footnotes (6)
- [F1]Not Applicable.
- [F2]Performance Restricted Stock Units ("PRSU") cash-out pursuant to the terms of the Consolidated Edison, Inc. ("Company") Long Term Incentive Plan (the "LTIP").
- [F3]Each PRSU is the economic equivalent of one share of Company common stock.
- [F4]PRSUs granted under the Company's LTIP will vest in 2015 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors.
- [F5]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.
- [F6]The number of shares (or cash equivalents) were adjusted based on certain performance criteria, including criteria other than the market price, specified under the LTIP.