Joseph Nigro Form 3 EXELON / Joseph Nigro ownership change

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

OMB APPROVAL

OMB Number:	3235-0104
Estimated average burden
hours per response:	0.5

1. Name and Address of Reporting Person^*

Nigro Joseph

(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)
05/08/2018

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)
Sr. EVP & Chief Fin. 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	81,873	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 Awards	(1)	(1)	Common Stock	35,073(2)	(1)	D
Restricted Stock Unit Award (01/29/2018)	(3)	(3)	Common Stock	40,000	(3)	D
NQ Stock Option (right to buy) 03/12/2012	(4)	(4)	Common Stock	13,000	39.81	D
NQ Stock Option (right to buy) 01/24/2011	(4)	(4)	Common Stock	13,400	43.4	D
NQ Stock Option (right to buy) 01/25/2010	(4)	(4)	Common Stock	3,800	46.09	D
NQ Stock Option (right to buy) 01/26/2009	(4)	(4)	Common Stock	4,300	56.51	D

Explanation of Responses:

1. Restricted stock unit awards granted pursuant to the Exelon Long Term Incentive Plan. Share awards are granted annually by the Compensation and Leadership Development committee at its January 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 granted.

2. Balance is composed of 7,836 shares which represents the last 1/3 increment of the restricted stock unit award granted in January 2016; 11,717 shares which represents 2/3 of the restricted stock unit award granted in January 2017; and 15,519 shares which is the entire restricted stock unit award granted in January 2018.

3. Restricted stock unit award granted pursuant to the Exelon Long Term Incentive Plan. 100% of the shares vest on January 29, 2022.

4. Non qualified employee stock option awards granted pursuant to the Exelon Long Term Incentive Plan. Options vest in 1/4 increments on each of the first four anniversaries of the grant date, referenced in column one, and expire on the tenth anniversay of the grant date.

Remarks:

	Elizabeth M. Hensen, Attorney-in-fact for Joseph Nigro	05/09/2018
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.