Exelon director granted deferred share awards
Rogers Matthew C reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rogers Matthew C reported acquisition or exercise transactions in this Form 4 filing.
EXELON CORP director Matthew C. Rogers reported compensation-related equity awards. He received 739 deferred phantom share equivalents tied to Exelon common stock at $49.02 per equivalent, bringing his balance in this derivative instrument to 739 units, with 98 of these obtained through automatic dividend reinvestment.
He was also granted 878 shares of common stock in the form of deferred stock units at $49.82 per unit, held indirectly through the Exelon Corp. Directors Deferred Stock Unit Plan, increasing that plan balance to 12,554 units. The phantom share equivalents are part of a non-qualified deferred compensation plan and will be settled in cash on a 1-for-1 basis after his service on the board ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred phantom share equivalents | 739 | $49.02 | $36K |
| Grant/Award | Common stock- deferred stock units | 878 | $49.82 | $44K |
Footnotes (2)
- F1. Balance includes 98 additional shares acquired through automatic dividend reinvestment.
- F2. Phantom share equivalents held in the reporting person's Exelon stock fund account that is part of a multi-fund, non-qualified deferred compensation plan. Phantom share equivalents will be settled for cash on a 1 for 1 basis upon the termination of the reporting person's service to the board of directors.
Key Figures
Key Terms
non-qualified deferred compensation plan financial
dividend reinvestment financial
deferred stock units financial
FAQ
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What did Exelon (EXC) director Matthew C. Rogers report in this Form 4?
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