Scott Tremble - 15 Feb 2023 Form 4 Insider Report for Avangrid, Inc. (AGR)

Role
Officer
Signature
Elizabeth K. Riotte, as Attorney-in-Fact
Issuer symbol
AGR
Transactions as of
15 Feb 2023
Transactions value $
$0
Form type
4
Filing time
17 Feb 2023, 18:39:42
Previous filing
10 Mar 2022
Next filing
13 Apr 2023
SEC
View on sec.gov

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 AGR Phantom Share Unit Options Exercise $0 -750 -33.33% $0.00 1.5K 15 Feb 2023 Common Stock 750 Direct F1, F2
transaction AGR Phantom Share Units Award $0 +3K $0.00 3K 15 Feb 2023 Commmon Stock 3K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom share unit is the economic equivalent of one share of the Issuer's common stock
F2 These phantom share units vest in four equal installments, with the remaining two installments to be settled in cash on August 15, 2023 and February 15, 2024
F3 These phantom share units vest in three equal installments and will be settled in cash on February 16, 2024, February 16, 2024, and February 16, 2025.