William Longhi G 4
4 · CONSOLIDATED EDISON INC · Filed Feb 21, 2012
Insider Transaction Report
Form 4
William Longhi G
President & CEO, O&R
Transactions
- Tax Payment
Common Stock
2012-02-15$57.97/sh−3,038$176,113→ 22,571.17 total - Award
Performance Restricted Stock Units (Phantom Stock)
2012-02-17+17,000→ 17,000 total→ Common Stock (17,000 underlying) - Exercise/Conversion
Performance Restricted Stock Units (Phantom Stock)
2012-02-15−12,745→ 0 totalFrom: 2012-02-15Exp: 2012-02-15→ Common Stock (12,745 underlying) - Exercise/Conversion
Common Stock
2012-02-15+12,745→ 25,609.17 total
Holdings
- 2,525.93(indirect: Tax Reduction Act Stock Ownership Plan (TRASOP))
Common Stock
- 70(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]Not Applicable.
- [F2]Includes 86.12, 83.27, 77.76, and 75.58 Deferred Stock Units acquired on March 15, 2011, June 15, 2011, September 15, 2011, and December 15, 2011, respectively, pursuant to the Consolidated Edison, Inc. ("Company") Long Term Incentive Plan (the "LTIP") dividend reinvestment provision.
- [F3]Each Performance Restricted Stock Unit ("PRSU") is the economic equivalent of one share of Company common stock.
- [F4]PRSUs granted under the 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.