Tai Luther 4
4 · CONSOLIDATED EDISON INC · Filed Feb 22, 2013
Insider Transaction Report
Form 4
Tai Luther
SVP, Enterprise Shared Service
Transactions
- Disposition to Issuer
Common Stock
2013-02-20$57.00/sh−13,965$796,005→ 33,343.13 total - Exercise/Conversion
Common Stock
2013-02-20+13,965→ 47,308.13 total - Exercise/Conversion
Performance Restricted Stock Units (Phantom Stock)
2013-02-20−13,965→ 0 totalFrom: 2013-02-20Exp: 2013-02-20→ Common Stock (13,965 underlying) - Award
Performance Restricted Stock Units (Phantom Stock)
2013-02-20+8,600→ 8,600 total→ Common Stock (8,600 underlying)
Holdings
- 1,166.9(indirect: By THRIFT PLAN)
Common Stock
Footnotes (6)
- [F1]Not Applicable.
- [F2]Performance Restricted Stock Unit ("PRSU") cash-out pursuant to the terms of the Consolidated Edison, Inc. ("Company") Long Tern Incentive Plan ("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 2016 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 Company's LTIP.
- [F6]The number of shares (or cash equivalents) were adjusted based on certain performance criteria, including criteria other than the market price, as specified under the Company's LTIP.