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Butler Calvin Jr's Form 4 filing

Exelon Corp (EXC) · filed Feb 1, 2022

Accession no.
0001062993-22-001968
Filed
Feb 1, 2022
Trade date
Jan 28-31, 2022
Filing delay
4 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $1.54M. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Butler Calvin JrCIK 0001601193Officer (Sr EVP & Chf Operating Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jan 28, 2022Common StockMOption exerciseAcquired+8,251–F1–80,135Direct
Jan 28, 2022Common StockFTax withholdingDisposed−3,265$57.33−$187,182.4576,870Direct
Jan 28, 2022Common StockDReturned to the companyDisposed−4,986$57.33−$285,847.3871,884Direct
Jan 31, 2022Common StockSSaleDisposed−15,258$57.46F4−$876,724.6856,626Direct
Jan 31, 2022Common StockSSaleDisposed−11,450$57.82F5−$662,03945,176Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jan 28, 2022Common StockAGrant or awardAcquired+8,251–F2–8,251Direct
Jan 28, 2022Common StockMOption exerciseDisposed−8,251–F2–0Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Common shares acquired through conversion of previously granted and vested performance share award under the Exelon Long Term Incentive Plan.

Referenced by the price of 1 transaction in Table I.

F2

Performance share award granted pursuant to the Exelon Long Term Incentive Plan for the three-year performance period referenced in Column 1 based on the Compensation Committee's determination of performance achieved for the period. Each performance share represents the right to receive one share and/or cash pursuant to the Plan's terms with respect to individual stock ownership levels. Performance share awards vest immediately upon their grant date.

Referenced by the price of 2 transactions in Table II.

F4

Shares sold in individual share lots at prices ranging from $56.72 to $57.71 inclusive. Mr. Butler undertakes to provide to Exelon Corporation, any security holder of Exelon Corporation or the staff of the U.S. Securities and Exchange Commission full details of the number of shares sold at each individual price within the range provided above.

Referenced by the price of 1 transaction in Table I.

F5

Shares sold in individual share lots at prices ranging from $57.72 to $57.99 inclusive. Mr. Butler undertakes to provide to Exelon Corporation, any security holder of Exelon Corporation or the staff of the U.S. Securities and Exchange Commission full details of the number of shares sold at each individual price within the range provided above.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)