McAvoy John 4
4 · CONSOLIDATED EDISON INC · Filed Feb 17, 2023
Insider Transaction Report
Form 4
McAvoy John
President & CEO, O&R
Transactions
- Exercise/Conversion
Performance Units
2023-02-15−31,826→ 0 total→ Common Stock (31,826 underlying) - Exercise/Conversion
Common Stock
2023-02-15+31,826→ 46,641.205 total - Disposition to Issuer
Common Stock
2023-02-15$91.10/sh−31,826$2,899,349→ 14,930.063 total
Footnotes (2)
- [F1]Represents the pro-rata vested portion of the Performance Units granted in 2020 to the reporting person while he was CEO, under the Long Term Incentive Plan of the Company (the "LTIP"), that vested for which the reporting person elected to receive the value in cash. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock.
- [F2]Includes 40.807, 36.627, and 37.424, Deferred Stock Units acquired on March 15, 2022, June 15, 2022, and December 15, 2022 respectively pursuant to the LTIP's dividend reinvestment provision.