SEC Form 4 · accession 0001109357-18-000066
EXELON CORP · EXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann C Berzin
Director
Period of report
Jun 30, 2018
Accepted (ET)
Jul 2, 2018 · 2:48 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 (Deferred Stock Units)F1 | Jun 30, 2018 | A | 906 | $40.00 | A | 23,466 | 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 | — | Jun 30, 2018 | A | 829 | A | — | — | Common Stock | 829 | 23,555 | D |
| Phantom Stock UnitsF3,F2 | — | holding | — | — | — | — | — | Common Stock | 28,410 | 28,410 | I |
Explanation of responses
- F1Balance includes 193 shares acquired on June 8, 2018 through automatic dividend reinvestment.
- F2Phantom stock units (which are in the form of deferred stock units) converted from the legacy Constellation Energy Group Inc. (CEG) Deferred Compensation Plan for Non-employee Directors 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 243 shares acquired on June 8, 2018 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 190 share equivalents accrued on March 14, 2018 through automatic dividend reinvestment.