SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Hanson Bryan Craig

(Last) (First) (Middle)
10 S. DEARBORN STREET
54TH FLOOR

(Street)
CHICAGO IL 60603

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/09/2020
3. Issuer Name and Ticker or Trading Symbol
EXELON CORP [ EXC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Generation Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 9,090 D
Common Stock (ESPP shares) 2,486(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit Award (01/29/2018) (2) (2) Common stock 4,519 (2) D
Restricted Stock Unit Award (02/04/2019) (3) (3) Common stock 7,076 (3) D
Restricted Stock Unit Award (01/27/2020) (4) (4) Common stock 10,310 (4) D
Restricted Stock Unit Award (01/29/2018) (5) (5) Common stock 40,000(5) (5) D
Explanation of Responses:
1. Shares acquired through and held as of June 30, 2020 in Exelon's Section 423 tax-qualified Employee Stock Purchase Plan.
2. Remaining 1/3 increment of annual restricted stock unit (RSU) award granted in 2018 pursuant to the Exelon Long Term Incentive Plan; each award vests in 1/3 increments on the date of the Compensation & Leadership Development Committee's January meeting in the first, second and third years after the award was granted. Award balances accrue addtional units through automatic dividend reinvestment, which vest on the same schedule as the underlying award.
3. Remaining 2/3 increment of annual RSU award granted in February 2019 pursuant to the Exelon Long Term Incentive Plan; each award vests in 1/3 increments on the date of the Compensation & Leadership Development Committee's January meeting in the first, second and third years after the award was granted. Award balances accrue addtional units through automatic dividend reinvestment, which vest on the same schedule as the underlying award.
4. Annual RSU award granted in January 2020 pursuant to the Exelon Long Term Incentive Plan; each award vests in 1/3 increments on the date of the Compensation & Leadership Development Committee's January meeting in the first, second and third years after the award was granted. Award balances accrue addtional units through automatic dividend reinvestment, which vest on the same schedule as the underlying award.
5. Restricted stock unit award granted pursuant to the Exelon LTI plan. All shares will cliff vest on January 29, 2022.
Remarks:
Elizabeth M. Hensen, Attorney-in-Fact for Brian Craig Hanson 09/15/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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