PEPCO HOLDINGS LLC 4
4 · PEPCO HOLDINGS LLC · Filed Mar 24, 2016
Insider Transaction Report
Form 4
Silverman Lester P
Director
Transactions
- Disposition to Issuer
Common Stock
2016-03-23$27.25/sh−12,197$332,368→ 0 total - Disposition to Issuer
Phantom Stock
2016-03-23$27.25/sh−29,073.782$792,261→ 0 total→ Common Stock (29,073.782 underlying) - Disposition to Issuer
Common Stock
2016-03-23$27.25/sh−1,000$27,250→ 0 total(indirect: By Spouse)
Footnotes (2)
- [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 share was cancelled and converted into the right to receive $27.25.