Joseph Miller - 31 Mar 2022 Form 4 Insider Report for CONSOLIDATED EDISON INC (ED)

Role
VP & Controller
Signature
Vanessa M. Franklin; Attorney-in-Fact
Issuer symbol
ED
Transactions as of
31 Mar 2022
Transactions value $
$-7,196
Form type
4
Filing time
01 Apr 2022, 16:57:28 UTC
Previous filing
16 Mar 2022
Next filing
05 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ED Common Stock Options Exercise +76 +7.39% 1,104 31 Mar 2022 Direct F1
transaction ED Common Stock Disposed to Issuer $-7,196 -76 -6.88% $94.68 1,028 31 Mar 2022 Direct
holding ED Common Stock 106 31 Mar 2022 By Tax Reduction Act Stock Ownership Plan ("TRASOP") F2

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 ED Performance Restricted Stock Units (Phantom Stock) Options Exercise -76 -100% 0 31 Mar 2022 Common Stock 76 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Restricted Stock Unit ("PRSU") is the economic equivalent of one share of Consolidated Edison, Inc. ("Company") common stock. The reporting person settled all of his PRSUs for cash.
F2 Between 2/28/22 and 3/31/22 the reporting person's shares of Company common stock under the TRASOP increased by 0.876. The information in this report is based on a TRASOP plan statement dated as of 3/31/22.
F3 The number of shares (or cash equivalents) were adjusted based on certain performance criteria, including criteria other than the market price, as specified under the Company Long Term Incentive Plan.