SEC Form 4 · accession 0001109357-17-000068

EXELON CORP · EXC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Jonathan W Thayer

Officer — Senior EVP and CFO

Period of report

Jul 27, 2017

Accepted (ET)

Jul 28, 2017 · 5:54 pm EDT

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^F1	Jul 27, 2017	M	155,708	$21.25	A	237,181	D
Common Stock^F1,F2	Jul 27, 2017	S	155,708	$38.00	D	81,473	D
Common stock^F1,F5	Jul 27, 2017	S	47,242	$38.00	D	34,231	D
Common Stock^F1	Jul 28, 2017	M	11,961	$21.25	A	46,192	D
Common Stock^F1,F6	Jul 28, 2017	S	11,961	$38.01	D	34,231	D
Common Stock^F1,F5	Jul 28, 2017	S	758	$38.01	D	33,473	D
Common Stock (401k Shares)^F3	holding	—	—		—	1,811	I	By 401k Plan

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
NQ Stock Options 02/27/2009^F1,F4	$21.25	Jul 27, 2017	M	155,708	D	—	—	Common Stock	155,708	11,961	D
NQ Stock Options 02/27/2009^F4	$21.25	Jul 28, 2017	M	11,961	D	—	—	Common Stock	11,961	0	D

Explanation of responses

F1Exercise & sale of shares made pursuant to a Rule 10b5-1 Trading Plan executed on December 16, 2016.
F2Shares were sold in lots ranging in price from $38.00 to $38.03. Mr. Thayer undertakes to provide upon request by the SEC Staff, the issuer, or a security holder of the issuer, full information rgarding the number of shares purchased or sold at each separate price.
F3Shares held as of June 30, 2017 in a multi-fund 401(k) Plan to be settled in cash upon the reporting person's termination of employment for any reason on a 1:1 basis. Shares are acquired through regular periodic contributions, company matching contributions, and the automatic reinvestment of dividends.
F4Non-qualified employee stock options originally granted by Constellation Energy Group that vested and were converted pursuant to the Merger Agreement. Each Constellation option was converted into an option to purchase Exelon common stock at the rate of 0.93 shares of Exelon common stock for each share of Constellation common stock at a strike price equal to the quotient of the original Constellation strike price and 0.93. The grant is fully vested and will expire on the tenth anniversary of the grant date referenced in Column 1.
F5Shares were sold in lots ranging in price from $38.00 to $38.04. Mr. Thayer undertakes to provide upon request by the SEC Staff, the issuer, or a security holder of the issuer, full information rgarding the number of shares purchased or sold at each separate price.
F6Shares were sold in lots ranging in price from $38.00 to $38.06. Mr. Thayer undertakes to provide upon request by the SEC Staff, the issuer, or a security holder of the issuer, full information rgarding the number of shares purchased or sold at each separate price.