Sanders Scott L. 4
4 · CONSOLIDATED EDISON INC · Filed Feb 22, 2013
Insider Transaction Report
Form 4
Sanders Scott L.
Vice President and Treasurer
Transactions
- Exercise/Conversion
Common Stock
2013-02-20+5,000→ 5,000 total - Tax Payment
Common Stock
2013-02-20$57.00/sh−1,849$105,393→ 3,151 total - Award
Performance Restricted Stock Units (Phantom Stock)
2013-02-20+3,600→ 3,600 total→ Common Stock (3,600 underlying) - Exercise/Conversion
Performance Restricted Stock Units (Phantom Stock)
2013-02-20−5,000→ 0 totalFrom: 2013-02-20Exp: 2013-02-20→ Common Stock (5,000 underlying)
Footnotes (5)
- [F1]Not applicable.
- [F2]Each Performance Restricted Stock Unit ("PRSU") is the economic equivalent of one share of Consolidated Edison, Inc. ("Company") common stock.
- [F3]PRSU's granted under the Company's Long Term Incentive Plan (the "LTIP"), will vest in 2016 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors.
- [F4]The number of shares (or cash equivalents) will be adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP.
- [F5]The number of shares (or cash equivalents) were adjusted based on certain performance criteria, including criteria other than the market price, as specified under the LTIP.