Form 4 for ED Consolidated Edison
Accepted 2024-02-15 00:00:00 ET · period of report 2024-02-14 · accession 0001062993-24-003315 · 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 | 2024-02-15 | 2024-02-14 | ED | Kelly Mary | SVP, Corp. Shared Services | D - Sale to Iss | $86.67 | -7,561 | 6,176 | -55% | -$655.3K |
| D | 2024-02-15 | 2024-02-14 | ED | Kelly Mary | SVP, Corp. Shared Services | M - OptEx | $0.00 | +10.1K | 13.6K | +284% | $0 |
| DM | 2024-02-15 | 2024-02-14 | ED | Kelly Mary | SVP, Corp. Shared Services | A - Grant | — | +5,300 | 1,600 | New | — |
| D | 2024-02-15 | 2024-02-14 | ED | Kelly Mary | SVP, Corp. Shared Services | M - OptEx | — | -10.1K | 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 | 2024-02-14 | D | D | 7,561 | $86.67 | 6,175.76 | D | — | — | (F1) Represents Performance Units granted in 2021 under the Company's Long-Term Incentive Plan (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. (F3) Total includes 9.956, 31.189, 31.466 and 31.904 Deferred Stock Units ("DSUs") acquired on March 15, 2023, June 15, 2023, September 15, 2023, and December 15, 2023, respectively, pursuant to the LTIP dividend reinvestment provision. Each DSU represents one share of the Company's common stock. |
| 2 | Common | Common Stock | 2024-02-14 | M | A | 10,081 | $0.00 | 13,632.25 | D | — | — | (F1) Represents Performance Units granted in 2021 under the Company's Long-Term Incentive Plan (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) The filer's opening balance has been adjusted and had been previously reported incorrectly due to an administrative error. |
| 3 | Derivative | Performance Units | 2024-02-14 | A | A | 3,700 | — | 3,700 | D | — · — to — | 3,700 Common Stock | (F4) Represents a grant of Performance Units granted under the LTIP scheduled to vest in 2027 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. |
| 4 | Derivative | Time - Based Restricted Stock Units | 2024-02-14 | A | A | 1,600 | — | 1,600 | D | — · 2026-12-31 to 2026-12-31 | 1,600 Common Stock | (F5) Represents a grant of time-based restricted stock units granted under the LTIP scheduled to vest in full on December 31, 2026. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock. |
| 5 | Derivative | Performance Units | 2024-02-14 | M | D | 10,081 | — | 0 | D | — · — to — | 10,081 Common Stock | (F1) Represents Performance Units granted in 2021 under the Company's Long-Term Incentive Plan (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. |