Michael Koehler - Mar 1, 2022 Form 4 Insider Report for Constellation Energy Corp (CEG)

Role
EVP & Chief Admin Officer
Signature
/s/ Brian Buck, Attorney-in-Fact for Michael Koehler
Stock symbol
CEG
Transactions as of
Mar 1, 2022
Transactions value $
-$424,280
Form type
4
Date filed
3/3/2022, 03:08 PM
Previous filing
Feb 10, 2022
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CEG Common Stock Options Exercise +22.2K +419.57% 27.5K Mar 1, 2022 Direct F1
transaction CEG Common Stock Tax liability -$424K -8.88K -32.28% $47.79 18.6K Mar 1, 2022 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
transaction CEG 2019 Restricted Stock Units Options Exercise $0 -22.2K -100% $0.00* 0 Mar 1, 2022 Common Stock 22.2K Direct F1
transaction CEG 2022 Restricted Stock Units Award $0 +18.8K $0.00 18.8K Mar 1, 2022 Common Stock 18.8K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") cliff vested on March 1, 2022. Each RSU represented the right to receive one share of the Issuer's common stock ("Common Stock") upon vesting and settled in shares of Common Stock upon vesting. These RSUs accrued quarterly dividend equivalents that were paid in cash.
F2 These RSUs cliff vest on March 1, 2026. Each RSU represents the right to receive one share of Common Stock upon vesting. These RSUs accrue quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Issuer's board of directors, which vest on the same schedule as the underlying RSU.