Bryan Hanson - Feb 7, 2025 Form 4 Insider Report for Constellation Energy Corp (CEG)

Role: EVP & Chief Generation Officer
Signature: /s/ Brian Buck, Attorney-in-Fact for Bryan Hanson
Stock symbol: CEG
Transactions as of: Feb 7, 2025
Transactions value $: -$25,090,945
Form type: 4
Date filed: 2/11/2025, 08:50 PM
Previous filing: Feb 7, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CEG	Common Stock	Options Exercise		+31.2K	+85.63%		67.7K	Feb 7, 2025	Direct	F1
transaction	CEG	Common Stock	Tax liability	-$4.1M	-13.2K	-19.53%	$309.79	54.5K	Feb 7, 2025	Direct
transaction	CEG	Common Stock	Options Exercise		+71.6K	+131.5%		126K	Feb 10, 2025	Direct	F1
transaction	CEG	Common Stock	Tax liability	-$10.1M	-31.4K	-24.92%	$321.83	94.7K	Feb 10, 2025	Direct
transaction	CEG	Common Stock	Disposed to Issuer	-$10.9M	-33.8K	-35.71%	$321.83	60.9K	Feb 10, 2025	Direct
holding	CEG	Common Stock (ESPP shares)						2.1K	Feb 7, 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CEG	Restricted Stock Units	Options Exercise	$0	-31.2K	-100%	$0.00	0	Feb 7, 2025	Common Stock	31.2K		Direct	F2, F3
transaction	CEG	Restricted Stock Units	Options Exercise	$0	-11.4K	-56.32%	$0.00	8.83K	Feb 10, 2025	Common Stock	11.4K		Direct	F4, F5
transaction	CEG	Restricted Stock Units	Award	$0	+2.97K	+33.69%	$0.00	11.8K	Feb 10, 2025	Common Stock	2.97K		Direct	F4
transaction	CEG	2022-2024 Performance Shares	Award	$0	+60.2K		$0.00	60.2K	Feb 10, 2025	Common Stock	60.2K		Direct	F6
transaction	CEG	2022-2024 Performance Shares	Options Exercise	$0	-60.2K	-100%	$0.00	0	Feb 10, 2025	Common Stock	60.2K		Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Common shares acquired from vested equity awards granted under the Issuer's Long-term Incentive Plan ("LTIP").
F2	Restricted stock units ("RSUs") cliff vested on February 7, 2025. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU.
F3	The RSU award acquired approximately 837 additional shares through automatic dividend reinvestment.
F4	RSUs vest in 1/3 increments on the dates of the Compensation Committee's first-quarter meetings held in the first, second, and third years after the grant date. Each RSU represents the right to receive one share of Common Stock upon vesting, and does not expire. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU award.
F5	The RSU award acquired approximately 143 additional shares through automatic dividend reinvestment, including approximately 225 shares that vested on February 10, 2025.
F6	Performance share award granted under the LTIP for the three-year performance period referenced in Column 1 based upon the Compensation Committee's determination of performance achieved for the period. Each performance share represents the right to receive one share of Common Stock upon vesting. These performance shares do not accrue quarterly dividends. Performance share award vests immediately on the grant date.