Form 4 for ED Consolidated Edison
Accepted 2022-02-17 00:00:00 ET · period of report 2022-02-16 · accession 0001047862-22-000053 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-17 | 2022-02-16 | ED | Noyes Mark | Pres, CEO, CECEB | M - OptEx | — | +7,755 | 16.3K | +91% | — |
| DM | 2022-02-17 | 2022-02-17 | ED | Noyes Mark | Pres, CEO, CECEB | A - Grant | — | +12.8K | 9,000 | New | — |
| D | 2022-02-17 | 2022-02-16 | ED | Noyes Mark | Pres, CEO, CECEB | M - OptEx | — | -7,755 | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-16 | M | A | 7,755 | — | 16,319.33 | D | — | — | (F1) Not applicable. (F2) Total includes 72.763, 83.056, 87.909, and 79.237 Deferred Stock Units ("DSUs") acquired on March 15, 2021, June 15, 2021 and September 15, 2021, and December 15, 2021 respectively pursuant to Consolidated Edison, Inc. (the "Company") Long Term Incentive Plan's ("LTIP") dividend reinvestment provision. Each DSU represents one share of the Company's common stock. |
| 2 | Derivative | Time-Based Restricted Stock Units | 2022-02-17 | A | A | 3,800 | — | 3,800 | D | — · — to — | 3,800 Common Stock | (F1) Not applicable. (F7) Each Time-Based Restricted Stock Unit respresents a contingent right to receive one share of Company common stock. (F8) The Time-Based Restricted Stock Units granted under the LTIP will vest 100% on December 31, 2024. |
| 3 | Derivative | Performance Units (Phantom Stock) | 2022-02-17 | A | A | 9,000 | — | 9,000 | D | — · — to — | 9,000 Common Stock | (F1) Not applicable. (F6) The number of shares (or cash equivalents) will be adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP. (F4) Each Performance Unit is the economic equivalent of one share of Company common stock. (F5) Performance Units granted under the LTIP will vest in 2025 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors. |
| 4 | Derivative | Performance Units (Phantom Stock) | 2022-02-16 | M | D | 7,755 | — | 0 | D | — · 2022-02-16 to 2022-02-16 | 7,755 Common Stock | (F1) Not applicable. (F4) Each Performance Unit is the economic equivalent of one share of Company common stock. |