SEC Form 4 · accession 0001047862-18-000006
CONSOLIDATED EDISON INC · ED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig S Ivey
Officer — President
Period of report
Dec 29, 2017
Accepted (ET)
Jan 3, 2018 · 6:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001047862
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 29, 2017 | M | 38,815 | — | A | 74,179 | D | |
| Common Stock | holding | — | — | — | 9 | I | By THRIFT PLAN |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Units (Phantom Stock)F1,F2,F3 | — | Dec 29, 2017 | M | 38,815 | D | Dec 29, 2017 | Dec 29, 2017 | Common Stock | 38,815 | 0 | D |
Explanation of responses
- F1Not applicable.
- F2Each Performance Unit is the economic equivalent of one share of Consolidated Edison, Inc. (the "Company") common stock.
- F3Represents a portion of the Performance Units with respect to the 2015-2017 performance period that vested as determined by the Management Development and Compensation Committee of the Company's Board of Directors. The number of shares (or cash equivalents) were adjusted based on certain performance criteria, including criteria other than market price, as specified under the Company's Long Term Incentive Plan.