SEC Form 4 · accession 0001109357-17-000085

EXELON CORP · EXC

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

Reporting owner

Mayo A Shattuck III

Director · Other

Period of report

Oct 30, 2017

Accepted (ET)

Nov 1, 2017 · 5:22 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	Oct 30, 2017	M	34,585	$39.21	A	402,234	D
Common Stock^F2	Oct 30, 2017	S	34,585	$40.25	D	367,649	D
Common Stock	Oct 31, 2017	M	24,682	$39.21	A	392,331	D
Common Stock	Oct 31, 2017	M	93,497	$39.24	A	485,828	D
Common Stock^F3	Oct 31, 2017	S	118,179	$40.27	D	367,649	D
Common Stock	Nov 1, 2017	M	40,698	$39.24	A	408,347	D
Common Stock^F4	Nov 1, 2017	S	40,698	$40.25	D	367,649	D
Common Stock (401k Shares)^F5	holding	—	—		—	2,091	D
Common Stock^F8	holding	—	—		—	10,000	I	By Lizzie Mae, LLC
Common Stock (Deferred stock units)	holding	—	—		—	16,676	I	By Exelon Directors Deferred Stock Unit 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 Option 04/02/2012^F7	$39.21	Oct 30, 2017	M	34,585	D	—	Mar 1, 2018	Common Stock	34,585	24,682	D
NQ Stock Option 04/02/2012^F7	$39.21	Oct 31, 2017	M	24,682	D	—	Mar 1, 2018	Common Stock	24,682	0	D
NQ Stock Options 02/24/2012^F6	$39.24	Oct 31, 2017	M	93,497	D	—	Mar 1, 2018	Common Stock	93,497	560,014	D
NQ Stock Options 02/24/2012^F6	$39.24	Nov 1, 2017	M	40,698	D	—	Mar 1, 2018	Common Stock	40,698	519,316	D

Explanation of responses

F1Exercise and sale were made pursuant to a Rule 10b5-1 trading plan entered into on June 16, 2017.
F2Shares were sold in lots ranging in price from $40.25 to $40.26. The filer 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 were sold in lots ranging in price from $40.25 to $40.37. The filer 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.
F4Shares were sold in lots ranging in price from $40.25 to $40.32. The filer 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.
F5Shares held as of September 30, 2017 in a multi-fund 401(k) Plan to be settled in cash upon the reporting person's request for a distribution on a 1:1 basis. Balance is updated to reflect the additional shares acquired in the account though the automatic dividend reinvestment feature of the 401(k) plan.
F6Exercise of fully-vested non-qualified employee stock option originally granted by Constellation Energy Group that vested and was converted pursuant to the Merger Agreemen 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.
F7Exercise of fully-vested non-qualitied employee stock option granted under the Exelon Long Term Incentive Plan.
F8The reporting person is a manager of Lizzie Mae, LLC, whose members are trusts for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of the Exelon Corporation common stock held by Lizzie Mae, LLC except to the extent of his pecuniary interest therein