SEC Form 4 · accession 0001109357-15-000021
EXELON CORP · EXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Duane M DesParte
Officer — SVP and Controller
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 2:18 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 Stock | Jan 26, 2015 | M | 8,991 | $37.34 | A | 13,662 | D | |
| Common StockF1 | Jan 26, 2015 | F | 2,915 | $37.34 | D | 10,747 | D | |
| Common StockF2 | Jan 26, 2015 | D | 2,055 | $37.34 | D | 8,692 | 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 01/26/2015F3 | $0.00 | Jan 26, 2015 | A | 3,518 | A | — | — | Common stock | 3,518 | 3,518 | D |
| Restricted Stock Unit Award 01/27/2014F4,F3 | $0.00 | Jan 26, 2015 | M | 1,521 | D | — | — | Common stock | 1,521 | 3,043 | D |
| Restricted Stock Unit Award 01/28/2013F5,F3 | $0.00 | Jan 26, 2015 | M | 1,362 | D | — | — | Common stock | 1,362 | 1,367 | D |
| Performance Shares- Stock UnitsF6,F7 | $0.00 | Jan 26, 2015 | A | 3,650 | A | — | — | Common stock | 3,650 | 6,108 | D |
| Performance Shares- Stock UnitsF7 | $0.00 | Jan 26, 2015 | M | 6,108 | D | — | — | Common stock | 6,108 | 0 | D |
Explanation of responses
- F1Shares withheld by the Issuer for reporting person's tax obligation.
- F2Shares settled in cash on a 1 for 1 basis.
- F3Restricted 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.
- F4Balance includes 46 shares acquired on March 10, 2014; 37 shares acquired on June 10, 2014; 42 shares acquired on September 10, 2014; and 39 shares acquired on December 10, 2014 through automatic dividend reinvestment.
- F5Balance includes 27 shares acquired on March 10, 2014; 22 shares acquired on June 10, 2014; 25 shares acquired on September 10, 2014; and 23 shares acquired on December 10, 2014 through automatic dividend reinvestment.
- F6Transition 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.
- F7Performance 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.