Stuart Nachmias - Feb 19, 2025 Form 4 Insider Report for CONSOLIDATED EDISON INC (ED)

Role
President & CEO CET
Signature
William J. Kelleher; Attorney-in-Fact
Stock symbol
ED
Transactions as of
Feb 19, 2025
Transactions value $
-$297,048
Form type
4
Date filed
2/21/2025, 04:26 PM
Previous filing
Jan 3, 2025
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 +3.88K +49.72% 11.7K Feb 19, 2025 Direct F1, F2
transaction ED Common Stock Disposed to Issuer -$297K -3.1K -26.56% $95.76 8.58K Feb 19, 2025 Direct F1

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 Options Exercise -3.88K -100% 0 Feb 19, 2025 Common Stock 3.88K Direct F1
transaction ED Performance Units Award +3.7K 3.7K Feb 19, 2025 Common Stock 3.7K Direct F3
transaction ED Time - Based Restricted Stock Units Award +1.6K 1.6K Feb 19, 2025 Common Stock 1.6K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Performance Units granted in 2022 under the Company's Long Term Incentive Plan of the Company (the "LTIP") that vested for which the reporting person elected to receive a portion of the value in cash. The number of shares has been adjusted from the original reporting based upon the achievement of the performance criteria. Each Performance Unit is the economic equivalent of one share of Company common stock.
F2 Includes 31.352 shares acquired under the Company's Stock Purchase Plan since the last reporting person's last filing.
F3 Represents a grant of Performance Units granted under the LTIP scheduled to vest in 2028 upon the determination of the performance criteria by the Management, Development and Compensation Committee of the Board of Directors of the 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.
F4 Represents a grant of time-based restricted stock units granted under the LTIP scheduled to vest in full on December 31, 2027. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock.