SEC Form 4 · accession 0001415889-16-005285
PEPCO HOLDINGS LLC · POM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Russell Frisby Jr.
Director
Period of report
Mar 23, 2016
Accepted (ET)
Mar 24, 2016 · 5:24 pm EDT
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,F2 | Mar 23, 2016 | D | 10,790 | $27.25 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the consummation of the merger (the Merger) of a wholly owned subsidiary of Exelon Corporation with and into Pepco Holdings, Inc. (PHI) on March 23, 2016, each share of PHI common stock was canceled and converted into the right to receive $27.25 in cash, without interest.
- F2Includes director awards of 2,958.5799 restricted stock units (RSUs) previously granted under the 2012 Long-Term Incentive Plan, the settlement of which (including related dividend equivalents) has been deferred by the reporting person until January 31, 2017.