PEPCO HOLDINGS LLC 4
4 · PEPCO HOLDINGS LLC · Filed Mar 24, 2016
Insider Transaction Report
Form 4
GOLDEN TERENCE C
Director
Transactions
- Disposition to Issuer
Common Stock
2016-03-23$27.25/sh−45,239.258$1,232,770→ 0 total - Disposition to Issuer
Common Stock
2016-03-23$27.25/sh−11,600$316,100→ 0 total(indirect: By Spouse) - Disposition to Issuer
Phantom Stock
2016-03-23$27.25/sh−7,781.87$212,056→ 0 total→ Common Stock (7,781.87 underlying)
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]Includes director awards of 10,080.258 restricted stock units (RSUs) previously granted under the 2012 Long-Term Incentive Plan, the settlement of which (including related dividend equivalents) for the grants made in 2012, 2013 and 2014 has been deferred by the reporting person until the January 31 after the year in which the reporting person ceases to be a director of PHI.
- [F3]In connection with the Merger, each phantom share was cancelled and converted into the right to receive $27.25.