Hensley Jennifer 4
4 · CONSOLIDATED EDISON INC · Filed Feb 15, 2024
Insider Transaction Report
Form 4
Hensley Jennifer
SVP, Corporate Affairs
Transactions
- Award
Performance Units
2024-02-14+4,100→ 4,100 total→ Common Stock (4,100 underlying) - Award
Time - Based Restricted Stock Units
2024-02-14+1,800→ 1,800 totalFrom: 2026-12-31Exp: 2026-12-31→ Common Stock (1,800 underlying)
Footnotes (2)
- [F1]Represents a grant of Performance Units granted under the Company's Long Term Incentive Plan (the "LTIP") that are scheduled to vest in 2027 upon the determination of the performance criteria by the Management, Development and Compensation Committee of the Board of Directors of the Company. Each Performance Unit is the economic equivalent of one share of Company common stock. The number of shares (or cash equivalents) ultimately received will be adjusted and determined based upon the achievement of the performance criteria.
- [F2]Represents a grant of time-based restricted stock units granted under the LTIP scheduled to vest in full on December 31, 2026. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock.