Shannon Nancy 4
4 · CONSOLIDATED EDISON INC · Filed Feb 15, 2024
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2024-02-14+4,516→ 4,858.902 total - Disposition to Issuer
Common Stock
2024-02-14$86.67/sh−4,516$391,402→ 342.902 total - Exercise/Conversion
Performance Units
2024-02-14−4,516→ 0 total→ Common Stock (4,516 underlying) - Award
Performance Units
2024-02-14+3,100→ 3,100 total→ Common Stock (3,100 underlying) - Award
Time - Based Restricted Stock Units
2024-02-14+1,300→ 1,300 totalFrom: 2026-12-31Exp: 2026-12-31→ Common Stock (1,300 underlying)
Footnotes (3)
- [F1]Represents Performance Units granted in 2021 under the Company's Long Term Incentive Plan (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]Represents a grant of Performance Units granted under the LTIP 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.
- [F3]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.