Joseph Miller - 15 Feb 2023 Form 4 Insider Report for CONSOLIDATED EDISON INC (ED)

Signature
William J. Kelleher; Attorney-in-Fact
Issuer symbol
ED
Transactions as of
15 Feb 2023
Transactions value $
$0
Form type
4
Filing time
17 Feb 2023, 17:54:51 UTC
Previous filing
06 Feb 2023
Next filing
06 Mar 2023

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 Units Award +1,300 1,300 15 Feb 2023 Common Stock 1,300 Direct F1
transaction ED Time-Based Restricted Stock Units Award +600 600 15 Feb 2023 Common Stock 600 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Performance Units granted under the Long Term Incentive Plan of the Company ("LTIP") scheduled to vest in 2026 upon the determination of the performance criteria by the Management, Development and Compensation Committee of the Board of Directors of tje Company. Each Performance Unit is the economic equivalent of one share of Company common stock. The number of shares (or cash equivalents) ultimately received will be adjusted and determined based upon the achievement of the performance criteria.
F2 Represents a grant of time-based restricted stock units granted under the LTIP scheduled to vest in full on December 31, 2025. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock.