SEC Form 4 · accession 0001109357-15-000009
EXELON CORP · EXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert J Lawless
Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 11:53 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001109357
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock (Deferred Stock Units)F1 | Dec 31, 2014 | A | 696 | $35.94 | A | 9,047 | I | By Exelon Directors' Deferred Stock Unit Plan |
| Common Stock | holding | — | — | — | 3,273 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Compensation - Phantom Share EquivalentsF5,F4 | — | Dec 31, 2014 | A | 876 | A | — | — | Common Stock | 876 | 7,160 | D |
| Phantom StockF3,F2 | — | holding | — | — | — | — | — | Common Stock | 38,244 | 38,244 | I |
Explanation of responses
- F1Balance includes 71 shares acquired on December 10, 2014 through automatic dividend reinvestment.
- F2Phantom stock units (which are in the form of deferred stock units) which will become payable in cash on a 1 for 1 basis upon the termination of the reporting person's service on the Exelon board of directors.
- F3Balance includes 327 shares acquired on December 10, 2014 through automatic dividend reinvestment.
- F4Phantom share equivalents representing units held in the Exelon stock fund in a multi-fund, non-qualified deferred compensation plan. The Exelon stock fund is a unitized fund that consists of Exelon common stock and short term investments. Units of the fund will be settled upon the reporting person's separation from the board for any reason. Units will be settled in cash. Units are acquired through regular periodic contributions of deferred board compensation and the reinvestment of dividend equivalents. The balance of phantom share equivalents may fluctuate from time to time due to fluctuations in the fund composition.
- F5Balance includes 53 shares equivalents accrued on November 12, 2014 through automatic dividend reinvestment.