Form 4 for ED Consolidated Edison
Accepted 2023-02-17 00:00:00 ET · period of report 2023-02-15 · accession 0001047862-23-000060 · 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 | 2023-02-17 | 2023-02-15 | ED | McAvoy John | Dir | M - OptEx | — | +31.8K | 46.6K | +215% | — |
| D | 2023-02-17 | 2023-02-15 | ED | McAvoy John | Dir | D - Sale to Iss | $91.10 | -31.8K | 14.9K | -68% | -$2.90M |
| D | 2023-02-17 | 2023-02-15 | ED | McAvoy John | Dir | M - OptEx | — | -31.8K | 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 | 2023-02-15 | M | A | 31,826 | — | 46,641.21 | D | — | — | (F1) Represents the pro-rata vested portion of the Performance Units granted in 2020 to the reporting person while he was CEO, under the Long Term Incentive Plan of the Company (the "LTIP"), that vested for which the reporting person elected to receive 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. |
| 2 | Common | Common Stock | 2023-02-15 | D | D | 31,826 | $91.10 | 14,930.06 | D | — | — | (F1) Represents the pro-rata vested portion of the Performance Units granted in 2020 to the reporting person while he was CEO, under the Long Term Incentive Plan of the Company (the "LTIP"), that vested for which the reporting person elected to receive 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 40.807, 36.627, and 37.424, Deferred Stock Units acquired on March 15, 2022, June 15, 2022, and December 15, 2022 respectively pursuant to the LTIP's dividend reinvestment provision. |
| 3 | Derivative | Performance Units | 2023-02-15 | M | D | 31,826 | — | 0 | D | — · — to — | 31,826 Common Stock | (F1) Represents the pro-rata vested portion of the Performance Units granted in 2020 to the reporting person while he was CEO, under the Long Term Incentive Plan of the Company (the "LTIP"), that vested for which the reporting person elected to receive 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. |