SEC Form 4 · accession 0001047862-18-000050
CONSOLIDATED EDISON INC · ED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yukari Saegusa
Officer — Vice President and Treasurer
Period of report
Feb 14, 2018
Accepted (ET)
Feb 16, 2018 · 5:17 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 Stock | holding | — | — | — | 386 | D |
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)F4,F3,F1,F2 | — | Feb 14, 2018 | A | 2,200 | A | — | — | Common Stock | 2,200 | 2,200 | D |
Explanation of responses
- F1Each Performance Unit is the economic equivalent of one share of Consolidated Edison, Inc. (the "Company") common stock.
- F2Performance Units granted under the Company's Long Term Incentive Plan ("LTIP"), will vest in 2021when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors.
- F3The number of shares (or cash equivalents) will be adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP.
- F4Not applicable.