Sec Form 4 Filing - DesParte Duane M @ EXELON CORP - 2017-01-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
DesParte Duane M
2. Issuer Name and Ticker or Trading Symbol
EXELON CORP [ EXC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP and Controller
(Last) (First) (Middle)
10 SOUTH DEARBORN STREET, 54TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
01/30/2017
(Street)
CHICAGO, IL60603
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/30/2017 M 15,004 A $ 35.04 23,285 D
Common Stock 01/30/2017 F 4,785 ( 1 ) D $ 35.04 18,500 D
Common stock 01/30/2017 D 3,586 ( 2 ) D $ 35.04 14,914 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit Awards $ 0 01/30/2017 A 3,759 ( 3 ) ( 3 ) Common stock 3,759 ( 3 ) 12,959 D
Restricted Stock Unit Awards $ 0 01/30/2017 M 4,582 ( 3 ) ( 3 ) Common stock 4,582 $ 35.04 8,377 D
Performance Shares- Stock Units $ 0 01/30/2017 A 10,422 ( 4 ) ( 4 ) Common stock 10,422 ( 4 ) 10,422 D
Performance Shares- Stock Units $ 0 01/30/2017 M 10,422 ( 4 ) ( 4 ) Common stock 10,422 $ 35.04 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DesParte Duane M
10 SOUTH DEARBORN STREET
54TH FLOOR
CHICAGO, IL60603
SVP and Controller
Signatures
Scott N. Peters, Attorney in Fact for Duane M. DesParte 01/31/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares withheld by the Issuer for reporting person's tax obligation.
( 2 )Shares settled in cash on a 1 for 1 basis.
( 3 )Restricted stock unit awards made pursuant to the Exelon Long Term Incentive Plan. Share awards are made annually in January at the Compensation and Leadership Development committee's meeting and vest in 1/3 increments on the date of the committee's January meeting in the first, second and third years after the award was made.
( 4 )Performance share stock units award made pursuant to the Exelon Long Term Incentive Plan for the three-year performance period from January 1, 2014 to December 31, 2016. Shares vest immediately upon award. The vested shares were settled half in cash and half in stock on a 1 for 1 basis based on the cash value of the underlying stock on the date of vesting.

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 4(b)(v).
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