SEC Form 4 · accession 0001415889-15-000034
PEPCO HOLDINGS LLC · POM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Rigby
Officer — CHAIRMAN, PRESIDENT AND CEO · Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 8:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001135971
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2014 | A | 132,101 | — | A | 607,535 | D | |
| Common StockF2 | Dec 31, 2014 | A | 37,578 | $0.00 | A | 645,122 | D | |
| Common Stock | Dec 31, 2014 | F | 110,181 | $27.01 | D | 534,941 | D | |
| Common StockF3,F4 | Jan 4, 2015 | M | 73,891 | — | A | 608,832 | D | |
| Common Stock | holding | — | — | — | 11,556 | I | By 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5 | $0.00 | Jan 4, 2015 | M | 73,891 | D | — | — | Common Stock | 73,891 | 0 | D |
Explanation of responses
- F1Represents shares vested, including dividend equivalents, pursuant to a performance-based award of restricted stock units (RSUs) granted in January 2012 under the Pepco Holdings, Inc. (PHI) Long-Term Incentive Plan. This award vested on December 31, 2014. RSUs are settled solely by delivery of one share of PHI common stock per RSU (and may not be settled in cash).
- F2Represents an award of performance-based restricted stock issued under the PHI 2012 Long-Term Incentive Plan, which restricted stock may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of except in accordance with the award agreement.
- F3Represents RSUs, including vested dividend equivalents, awarded under the PHI Long-Term Incentive Plan. This award vested in full on January 4, 2015. RSUs are settled solely by delivery of one share of PHI common stock per RSU (and may not be settled in cash).
- F4Includes 198,140 RSUs awarded under the PHI 2012 Long-Term Incentive Plan (or its predecessor) which may be settled solely by delivery of one share of PHI common stock per RSU (and may not be settled in cash), including pursuant to the crediting of dividend equivalents, held by the reporting person as of the date of this report.
- F5Represents RSUs, including vested dividend equivalents, awarded under the PHI Long-Term Incentive Plan. This award vested in full on January 4, 2015.