12/03/2024 | Press release | Distributed by Public on 12/03/2024 15:19
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Retention RSUs | (1) | 12/02/2024 | M | 37,532 | (1) | (1) | Common Stock | 37,532 | $38.37 | 0 | D | ||||
2022 Restricted Stock Units | (3) | (3) | (3) | Common Stock | 8,998(4) | 8,998 | D | ||||||||
2023 Restricted Stock Units | (3) | (3) | (3) | Common Stock | 44,967(5) | 44,967 | D | ||||||||
2024 Restricted Stock Units | (3) | (3) | (3) | Common Stock | 91,578(6) | 91,578 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BUTLER CALVIN JR 10 S DEARBORN STREET 54TH FLOOR CHICAGO, IL 60603 |
X | President & CEO |
David T Skinner, attorney-in-fact for Calvin G Butler | 12/03/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Restricted stock unit (RSU) award granted under the Exelon Long-term Incentive Plan (LTIP) on December 2, 2019. Each RSU represents the right to receive one share of Exelon common stock upon vesting. The remaining units granted under the award vested in full on December 2, 2024. |
(2) | Balance as of Nov. 30, 2024. |
(3) | RSU award granted under the Exelon LTIP. Award vests in 1/3 increments at the January or February meeting of the Exelon Talent Management and Compensation Committee with each RSU representing the right to receive one share of Exelon common stock upon vesting. The award accrues additional RSUs each quarter through automatic dividend reinvestment and the additional RSUs vest on the same schedule as the underlying award. |
(4) | Balance reflects 269 shares acquired during 2024 through automatic dividend reinvestment. |
(5) | Balance reflects 1,346 shares acquired during 2024 through automatic dividend reinvestment |
(6) | Balance reflects 2,742 shares acquired during 2024 through automatic dividend reinvestment. |