Form 4

FORM 4

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

OMB APPROVAL

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

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

OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
hours per response. . .0.5


Filed By Romeo & Dye's Instant Form 4 Filer
www.section16.net



1. Name and Address of Reporting Person*

Strobel, Pamela B.

2. Issuer Name and Ticker or Trading Symbol
Exelon Corporation (EXC)

6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
    Director                                       10% Owner
X Officer (give title below)          Other (specify below)

Executive Vice President                          

(Last)      (First)     (Middle)

10 South Dearborn Street, 37th Floor
 

3. I.R.S. Identification Number
of Reporting Person,
if an entity (voluntary)

 

4. Statement for
Month/Day/Year
11/07/02

(Street)

Chicago, IL 60603

5. If Amendment,
Date of Original
(Month/Day/Year)
 
7. 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. Trans-
action
Date
(Month/ Day/
Year)

2A. Deemed
Execution
Date,
if any
(Month/Day/
Year)

3. Trans-
action Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 & 5)

5. Amount of
Securities
Beneficially
Owned Follow-
ing Reported Transactions(s)
(Instr. 3 & 4)

6. Owner-
ship 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

11/7/2002

 

G

V

242

D

 

12,036(1)

D

 

Common Stock

 

 

 

 

 

 

 

16,940(2)

I

By Stock Deferral Plan

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).

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 control number

FORM 4 (continued)

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. Conver-
sion or
Exercise
Price of Derivative Security

3. Trans-
action Date

(Month/
Day/
Year)

3A. Deemed
Execution
Date,
if any
(Month/
Day/
Year)

4. Trans-
action
Code

(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

(Instr. 3, 4 & 5)

6. Date Exercisable
and Expiration
Date
(Month/Day/
Year)

7. Title and Amount of Underlying Securities
(Instr. 3 & 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported Transaction(s)
(Instr. 4)

10. Owner-
ship Form
of Deriv-
ative
Security:
Direct (D)
or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

V

(A)

(D)

Date Exer-cisable

Expira-
tion
Date

Title

Amount or Number of
Shares

Deferred Comp. - Phantom Shares

1 for 1

 

 

 

 

 

 

 

 

Common Stock

1,267

 

1,267(3)

D

 

NQ Stock Options 07-22-1998

$37.64

 

 

 

 

 

 

 

07/22/08(4)

Common Stock

19,000

 

19,000

D

 

NQ Stock Options 01-25-1999

$37.64

 

 

 

 

 

 

 

01/24/09(5)

Common Stock

28,500

 

28,500

D

 

NQ Stock Options 01-25-2000

$39.92

 

 

 

 

 

 

 

01/24/10(6)

Common Stock

33,250

 

33,250

D

 

NQ Stock Options 01-25-2000

$59.50

 

 

 

 

 

 

 

10/19/10(7)

Common Stock

89,000

 

89,000

D

 

NQ Stock Options 01-28-2002

$46.92

 

 

 

 

 

 

 

01/27/12(8)

Common Stock

60,000

 

60,000

D

 

Explanation of Responses:

(1) Inlcudes 188 shares acquired through dividend reinvestment.
(2) Includes 302 shares acquired through dividend reinvestment.
(3) Represents phantom shares held as of Nov. 1, 2002 in a multi-fund deferred compensation account to be settled upon the reporting person's termination of employment for any reason. Shares are acquired through regular periodic contributions and the reinvestment of dividends.
(4) Stock options vest in 1/3 increments on the anniversary of the grant date (referenced in column 1.)
(5) Stock options vest in 1/3 increments on the anniversary of the grant date (referenced in column 1.)
(6) Stock options vest in 1/3 increments on the anniversary of the grant date (referenced in column 1.)
(7) Stock options vest in 1/3 increments on the anniversary of the grant date (referenced in column 1.)
(8) Stock options vest in 1/3 increments on the anniversary of the grant date (referenced in column 1.)

  By: /s/ Pamela B. Strobel
              
**Signature of Reporting Person
11/08/2002
Date

**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.