SEC Form 4 · accession 0001109357-15-000026
EXELON CORP · EXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A. Von Hoene Jr.
Officer — Sr. Executive Vice President
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 2:20 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 | 49,972 | $37.34 | A | 113,162 | D | |
| Common StockF2 | Jan 26, 2015 | F | 19,240 | $37.34 | D | 93,921 | D | |
| Common StockF3 | Jan 26, 2015 | D | 22,148 | $37.34 | D | 71,773 | 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 | 20,299 | A | — | — | Common stock | 20,299 | 20,299 | D |
| Restricted Stock Unit Award 01/27/2014F5,F4 | $0.00 | Jan 26, 2015 | M | 8,401 | D | — | — | Common stock | 8,401 | 16,804 | D |
| Restricted Stock Unit Award 01/28/2013F6,F4 | $0.00 | Jan 26, 2015 | M | 7,533 | D | — | — | Common stock | 7,533 | 7,538 | D |
| Performance Shares - Stock UnitsF7,F8 | $0.00 | Jan 26, 2015 | A | 20,288 | A | — | — | Common stock | 20,288 | 34,038 | D |
| Performance Shares - Stock UnitsF8 | $0.00 | Jan 26, 2015 | M | 34,038 | D | — | — | Common stock | 34,038 | 0 | D |
| Restricted Stock Unit Award 10/21/2013F9 | — | holding | — | — | — | — | — | Common stock | 20,000 | 20,000 | D |
| Def. Comp. Phantom Share EquivalentsF11,F10 | — | holding | — | — | — | — | — | Common stock | 3,005 | 3,005 | D |
Explanation of responses
- F1Balance includes 644 shares acquired on March 10, 2014; 513 shares acquired on June 10, 2014; 581 shares acquired on September 10, 2014; and 534 shares acquired on December 10, 2014 through automatic dividend reinvestment.
- F10Phantom share equivalents as 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.
- F11Balance as of December 31, 2014. Balance includes 31 share equivalents accrued on Feburary 12, 2014; 26 on May 13, 2014; 29 on August 13, 2014; and 25 on November 13, 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 252 shares acquired on March 10, 2014; 205 shares acquired on June 10, 2014; 233 shares acquired on September 10, 2014; and 216 shares acquired on December 10, 2014 through automatic dividend reinvestment.
- F6Balance includes 151 shares acquired on March 10, 2014; 122 shares acquired on June 10, 2014; 139 shares acquired on September 10, 2014; and 129 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.
- F9Restricted stock unit award made pursuant to the Exelon Long Term Incentive Plan. 100% of the shares will vest on October 22, 2018.