Michele O'Connell - Apr 1, 2024 Form 3 Insider Report for CONSOLIDATED EDISON INC (ED)

Role
President & CEO, O&R
Signature
William J. Kelleher; Attorney-in-Fact
Stock symbol
ED
Transactions as of
Apr 1, 2024
Transactions value $
$0
Form type
3
Date filed
4/5/2024, 04:31 PM
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ED Common Stock 12.9K Apr 1, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ED Performance Units Apr 1, 2024 Common Stock 3K Direct F1
holding ED Performance Units Apr 1, 2024 Common Stock 2.8K Direct F2
holding ED Performance Units Apr 1, 2024 Common Stock 3.2K Direct F3
holding ED Time-Based Restricted Stock Units Apr 1, 2024 Common Stock 1.4K Direct F4
holding ED Time-Based Restricted Stock Units Apr 1, 2024 Common Stock 1.2K Direct F5
holding ED Time-Based Restricted Stock Units Apr 1, 2024 Common Stock 1.3K Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units granted in 2022, under the Consolidated Edison, Inc. ("Company") Long Term Incentive Plan ("LTIP"), scheduled to vest on 12/31/2024, and settle in February 2025, based upon the determination of the performance criteria by the Management, Development and Compensation Committee of the Board of Directors of the Company (the "MD&C Committee"). 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.
F2 Represents performance stock units granted in 2023, under the LTIP, scheduled to vest on 12/31/2025, and settle in February 2026, based upon the determination of the performance criteria by the MD&C Committee. 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.
F3 Represents performance stock units granted in 2024, under the LTIP, scheduled to vest on 12/31/2026, and settle in February 2027, based upon the determination of the performance criteria by the MD&C Committee. 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.
F4 Represents a grant of time-based restricted stock units under the LTIP, scheduled to vest in full on December 31, 2024. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock.
F5 Represents a grant of time-based restricted stock units under the LTIP, scheduled to vest in full on December 31, 2025. Each time-based restricted stock unit is a contingent right to receive one share of Company common stock.
F6 Represents a grant of time-based restricted stock units 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.