PEPCO HOLDINGS LLC 4
4 · PEPCO HOLDINGS LLC · Filed Mar 24, 2016
Insider Transaction Report
Form 4
REESE HALLIE M
Vice President
Transactions
- Disposition to Issuer
Common Stock
2016-03-23$27.25/sh−46,609.678$1,270,114→ 0 total - Disposition to Issuer
Phantom Stock Units - MSPP
2016-03-23$27.25/sh−1,312.062$35,754→ 0 total(indirect: MSPP Plan)→ Common Stock (1,312.062 underlying) - Disposition to Issuer
Common Stock
2016-03-23$27.25/sh−4,442.376$121,055→ 0 total(indirect: By 401(k))
Footnotes (3)
- [F1]In connection with the consummation of the merger (the Merger) of a wholly owned subsidiary of Exelon Corporation with and into Pepco Holdings, Inc. (PHI) on March 23, 2016, each share of PHI common stock was canceled and converted into the right to receive $27.25 in cash, without interest.
- [F2]In connection with the Merger, each phantom stock unit was converted into the right to receive $27.25 per unit in cash, subject to the terms and conditions of that certain Amended and Restated Agreement and Plan of Merger, dated July 18, 2014.
- [F3]All Phantom Stock Units vested as of January 2, 2005.