Krumsiek Barbara J 4
4 · PEPCO HOLDINGS INC · Filed May 21, 2013
Insider Transaction Report
Form 4
Krumsiek Barbara J
Director
Transactions
- Award
Common Stock
2013-05-17+2,958.58→ 18,139.58 total
Footnotes (1)
- [F1]Represents a director award of 2,958.5799 restricted stock units (RSUs) granted on May 17, 2013 under the Pepco Holdings, Inc. (PHI) 2012 Long-Term Incentive Plan, which may be settled solely by delivery of one share of PHI common stock per RSU (and may not be settled in cash). The award is to vest on the first to occur of one year after the date of grant and the next annual meeting of stockholders, subject to (i) any deferral of settlement at the election of the reporting person and (ii) potential acceleration of vesting or forfeiture of the award in accordance with the terms of the applicable director award agreement. When a dividend is paid on the PHI common stock, the RSU balance will be credited with additional RSUs equal to the per share amount of the dividend multiplied by the number of RSUs divided by the market price of the common stock on the trading day immediately prior to the dividend payment date. Dividend credits will vest only to the extent the related RSUs vest.