# EDGAR Filing Document

**Accession Number:** 0001109357
**File Stem:** 0001062993-23-001381
**Filing Date:** 2023-1
**Character Count:** 9480
**Document Hash:** 5b5d668e6528e0bd5438b0b7f027476b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-23-001381.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001062993-23-001381

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230123

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Trpik Joseph R JR
- **CENTRAL INDEX KEY:** 0001926657

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-16169
- **FILM NUMBER:** 23552457

**MAIL ADDRESS:**
- **STREET 1:** 10 S DEARBORN STREET
- **STREET 2:** 54TH FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EXELON CORP
- **CENTRAL INDEX KEY:** 0001109357
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC & OTHER SERVICES COMBINED [4931]
- **IRS NUMBER:** 232990190
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 805398
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60680-5398
- **BUSINESS PHONE:** 3123947399

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 805398
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60680-5398

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EXELON Corp
- **DATE OF NAME CHANGE:** 20180928

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EXELON CORP
- **DATE OF NAME CHANGE:** 20000315

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Trpik Joseph R JR<br><sub>(Last) (First) (Middle)</sub><br>10 S DEARBORN STREET<br>54TH FLOOR<br><sub>(Street)</sub><br>CHICAGO, IL 60603<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-01-23 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Senior VP & Corp. Controller_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>EXELON CORP [ EXC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-01-23 |  | M |  | 11173 | A | <sup>(1)</sup> | 37836 | D |  |
| Common Stock | 2023-01-23 |  | F |  | 3440 | D | $41.82 | 34396 | D |  |
| Common Stock | 2023-01-23 |  | D |  | 5168 | D | $41.82 | 29228 | D |  |
| Common Stock (401k Shares) |  |  |  |  |  |  |  | 1396<sup>(11)</sup> | D |  |
| Common Stock |  |  |  |  |  |  |  | 6271 | I | Held by spouse |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 2023 Restricted Stock Units | $0 | 2023-01-23 |  | A |  | 3946 |  | <sup>(2)</sup> | <sup>(2)</sup> | Common Stock | 3946 | <sup>(2)</sup> | 3946 | D |  |
| 2022 Restricted Stock Units | $0 | 2023-01-23 |  | M |  |  | 1288 | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 1288<sup>(4)</sup> | <sup>(3)</sup> | 2576 | D |  |
| 2021 Restricted Stock Units | $0 | 2023-01-23 |  | M |  |  | 1324 | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 1324<sup>(5)</sup> | <sup>(3)</sup> | 1324 | D |  |
| 2020 Restricted Stock Units | $0 | 2023-01-23 |  | M |  |  | 1262 | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 1262<sup>(6)</sup> | <sup>(3)</sup> | 0 | D |  |
| Earned Performance RSU | $0 | 2023-01-23 |  | M |  |  | 7298 | <sup>(7)</sup> | <sup>(7)</sup> | Common Stock | 7298 | <sup>(7)</sup> | 0 | D |  |
| Restricted Stock Unit Award 10/28/2022 | $0 |  |  |  |  |  |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Stock | 25204<sup>(9)</sup> |  | 25204 | D |  |
| Deferred Comp Phantom Shares | $0 |  |  |  |  |  |  | <sup>(10)</sup> | <sup>(10)</sup> | Common Stock | 519<sup>(10)</sup> |  | 519 | D |  |

---

### Footnotes:

(1) Common shares acquired from vested equity awards granted under the Exelon Long-term Incentive Plan (LTIP).

(2) Restricted stock unit (RSU) award granted under the Exelon LTIP. Award vests in 1/3 increments at the January or February meeting of the Exelon Compensation Committee with each RSU representing the right to receive one share of Exelon common stock upon vesting. The award accrues quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Board, which vest on the same schedule as the underlying RSU award.

(3) Vesting of previously granted RSU award under the Exelon LTIP. See footnote #2 for details about the award's terms and vesting schedule.

(4) The RSU award acquired 87 additional shares through automatic dividend reinvestment during the period from May 10, 2022 through December 31, 2022.

(5) The RSU award acquired 60 additional shares through automatic dividend reinvestment during the period from May 10, 2022 through December 31, 2022.

(6) The RSU award acquired 28 additional shares through automatic dividend reinvestment during the period from May 10, 2022 through December 31, 2022.

(7) Vesting of previously granted RSU award under the LTIP.  This award cliff vests at the January 2023 meeting of the Exelon Compensation Committee with each RSU representing the right to receive one share of Exelon common stock.

(8) RSU award granted under the LTIP with each RSU representing the right to receive one share of Exelon common stock upon vesting.  Shares will vest in 1/3 increments on the first, second and third anniversary of the award date referenced in Column 1.  The award accrues quarterly dividend equivalents in the form of additional RSUs representing common stock dividends as approved by the Board, which vest on the same schedule as the underlying RSU award.

(9) The RSU award acquired 204 additional shares during 2022 through automatic dividend reinvestment.

(10) Phantom share equivalents held as of December 31, 2022 in the Exelon stock fund within the Exelon Deferred Compensation Plan, which is multi-fund, non-qualified deferred compensation plan. The share equivalents within the fund will be settled in cash upon the reporting person's separation from the company for any reason. The balance includes 12 additional share equivalents accrued during 2022 through automatic dividend reinvestment.

(11) Balance as of December 31, 2022.

**Signature:** Elizabeth M. Hensen, Attorney-in-Fact for Joseph Trpik Jr  
**Date:** 2023-01-24

### Remarks:

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).

** 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.**