SEC Form 4 · accession 0001109357-15-000016
EXELON CORP · EXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig L Adams
Officer — President & CEO; PECO Energy
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 2:16 pm 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 StockF1 | Jan 26, 2015 | M | 19,682 | $37.34 | A | 43,791 | D | |
| Common StockF2 | Jan 26, 2015 | F | 6,639 | $37.34 | D | 37,152 | D | |
| Common stockF3 | Jan 26, 2015 | D | 4,426 | $37.34 | D | 32,726 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Award 01/26/2015F4 | $0.00 | Jan 26, 2015 | A | 7,287 | A | — | — | Common stock | 7,287 | 7,287 | D |
| Restricted Stock Unit Award 01/27/2014F5,F4 | $0.00 | Jan 26, 2015 | M | 3,318 | D | — | — | Common stock | 3,318 | 6,640 | D |
| Restricted Stock Unit Award 01/28/2013F6,F4 | $0.00 | Jan 26, 2015 | M | 2,974 | D | — | — | Common stock | 2,974 | 2,982 | D |
| Performance Shares- Stock UnitsF7,F8 | $0.00 | Jan 26, 2015 | A | 7,973 | A | — | — | Common stock | 7,973 | 13,390 | D |
| Performance Shares- Stock UnitsF8 | $0.00 | Jan 26, 2015 | M | 13,390 | D | — | — | Common stock | 13,390 | 0 | D |
Explanation of responses
- F1Balance includes 241 shares acquired on March 10, 2014; 192 shares acquired on June 10, 2014; 217 shares acquired on September 10, 2014; and 202 shares acquired on December 10, 2014 through automatic dividend reinvestment.
- F2Shares withheld by the Issuer for reporting person's tax obligation.
- F3Shares settled in cash on a 1 for 1 basis.
- F4Restricted stock unit award made pursuant to the Exelon Long Term Incentive Plan. 1/3 of the shares awarded will vest upon the first, second and third anniversary date that is referenced in column 1.
- F5Balance includes 100 shares acquired on March 10, 2014; 81 shares acquired on June 10, 2014; 92 shares acquired on September 10, 2014; and 85 shares acquired on December 10, 2014 through automatic dividend reinvestment.
- F6Balance includes 60 shares acquired on March 10, 2014; 48 shares acquired on June 10, 2014; 55 shares acquired on September 10, 2014; and 51 shares acquired on December 10, 2014 through automatic dividend reinvestment.
- F7Transition performance shares awarded pursuant to the Exelon Long Term Incentive Plan in connection with transition from one-year to three-year performance period for the performance share award program. Shares vest immediately upon award.
- F8Performance Shares awarded pursuant to the Exelon Long Term Incentive Plan. 1/3 of the shares awarded vest immediately upon receipt. The remaining shares vest in 1/3 increments on each of the first and second anniversaries of the grant date. Under certain circumstances some or all of the vested shares may be settled in cash on a 1 for 1 basis based on the cash value of the underlying stock on the date of vesting.