SEC Form 4 · accession 0001109357-18-000002
EXELON CORP · EXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann C Berzin
Director
Period of report
Dec 31, 2017
Accepted (ET)
Jan 2, 2018 · 5:26 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 (Deferred Stock Units)F1 | Dec 31, 2017 | A | 883 | $41.05 | A | 21,205 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Compensation - Phantom Share EquivalentsF5,F4 | — | Dec 31, 2017 | A | 844 | A | — | — | Common Stock | 844 | 21,538 | D |
| Phantom Stock UnitsF3,F2 | — | holding | — | — | — | — | — | Common Stock | 27,911 | 27,911 | I |
Explanation of responses
- F1Balance includes 161 shares acquired on December 8, 2017 through automatic dividend reinvestment.
- F2Phantom stock units (which are in the form of deferred stock units) converted from the legacy Constellation Energy Group (CEG) Directors Deferred Compensation Plan to phantom units of Exelon common stock at the rate of 0.93 Exelon units for each unit of CEG. Units will be settled in cash on a 1 for 1 basis upon the termination of the reporting person's service on the Exelon board of directors. Balance updated to reflect additional stock units credited to the account through the dividend reinvestment feature of the plan.
- F3Balance includes 221 shares acquired on December 8, 2017 through automatic dividend reinvestment.
- F4Phantom share equivalents acquired through regular periodic contributions of deferred board compensation and the reinvestment of dividend equivalents in reporting person's Exelon stock fund account under multi-fund, non-qualified deferred compensation plan. The unitized fund consists of Exelon common stock and short term investments and will be settled in cash upon the reporting person's separation from the board for any reason. The balance of such phantom share equivalents may fluctuate from time to time due to fluctuations in the fund composition.
- F5Balance includes 156 share equivalents accrued on November 14, 2017 through automatic dividend reinvestment.