Christopher Paul Luning - Feb 22, 2023 Form 4 Insider Report for Essential Utilities, Inc. (WTRG)

Signature
/s/ Brian Dingerdissen, attorney-in-fact for Mr. Luning
Stock symbol
WTRG
Transactions as of
Feb 22, 2023
Transactions value $
$226,260
Form type
4
Date filed
2/24/2023, 04:29 PM
Previous filing
Mar 2, 2022
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTRG Common Stock Award $0 +3.03K +5.84% $0.00 54.9K Feb 22, 2023 Direct F1, F2
holding WTRG Common Stock 401k 1.59K Feb 22, 2023 401k F3

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
transaction WTRG Stock Options (Right to Buy) Award $226K +4.99K $45.37 4.99K Feb 22, 2023 Common Stock 4.99K $45.37 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units vest on 02/22/2026.
F2 Includes additional shares acquired under the Issuer's Employee Stock Purchase Program since the date of the reporting person's last ownership report.
F3 Includes share acquired under the Company's 401k plan since the last filing.
F4 Grant of 4,987 shares of stock options which vest one-third each year on the anniversary of the grant, subject to achievement of designated performance goals.