SEC Form 4 · accession 0001109357-19-000030
EXELON CORP · EXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Innocenzo
Officer — President & CEO of PECO
Period of report
Feb 4, 2019
Accepted (ET)
Feb 6, 2019 · 5:30 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 | Feb 4, 2019 | M | 30,255 | — | A | 59,347 | D | |
| Common Stock | Feb 4, 2019 | F | 13,900 | $47.34 | D | 45,447 | D | |
| Common Stock | Feb 4, 2019 | D | 13,058 | $47.34 | D | 32,389 | D | |
| Common Stock (ESPP Shares) | holding | — | — | — | 1,662 | 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 Units 2016F2 | $0.00 | Feb 4, 2019 | M | 1,675 | D | — | — | Common Stock | 1,675 | 0 | D |
| Restricted Stock Units 2017F2 | $0.00 | Feb 4, 2019 | M | 1,249 | D | — | — | Common Stock | 1,249 | 1,250 | D |
| Restricted Stock Units 2018F2 | $0.00 | Feb 4, 2019 | M | 2,339 | D | — | — | Common Stock | 2,339 | 4,682 | D |
| Restricted Stock Units 2019F2 | $0.00 | Feb 4, 2019 | A | 5,756 | A | — | — | Common Stock | 5,756 | 5,756 | D |
| Performance Shares 2016-2018 (stock units)F3 | $0.00 | Feb 4, 2019 | A | 24,992 | A | — | — | Common Stock | 24,992 | 24,992 | D |
| Performance Shares 2016-2018 (stock units)F3 | $0.00 | Feb 4, 2019 | M | 24,992 | D | — | — | Common Stock | 24,992 | 0 | D |
Explanation of responses
- F1Common shares acquired through conversion of previously awarded and vested restricted stock units (RSUs) and performance share (stock units) under the Exelon Long Term Incentive Plan.
- F2Restricted stock unit (RSUs) award granted pursuant to the Exelon Long Term Incentive Plan. RSUs are granted annually at the Compensation and Leadership Development Committee's first meeting in January or February and vest in 1/3 increments on the dates of the Committee's January or February meetings held in the first, second, and third years after the grant date. Each RSU represents the right to receive one share of Exelon common stock. Awards accrue additional RSUs acquired through quarterly dividend reinvestment that vest on the same schedule as the underlying award.
- F3Performance share (stock unit) award granted pursuant to the Exelon Long Term Incentive Plan for the three-year performance period of January 1, 2016 to December 31, 2018, based on the Compensation and Leadership Development Committee's determination of performance achieved for the period. Each performance share (stock unit) represents the right to receive one share or the economic equivalent value of one share of Exelon common stock. Performance share (stock units) awards vest immediately upon grant date.