SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Crane Christopher M. (Last) (First) (Middle) 10 SOUTH DEARBORN STREET 54TH FLOOR (Street) CHICAGO IL 60603 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol EXELON CORP [ EXC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) President and CEO
	3. Date of Earliest Transaction (Month/Day/Year) 01/26/2015
	4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	01/26/2015		M		207,754	A	$37.34	345,973(1)	D
Common stock	01/26/2015		F		92,158(2)	D	$37.34	253,815	D
Common Stock	01/26/2015		D		77,147(3)	D	$37.34	176,668	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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 Award 01/26/2015	$0	01/26/2015		A		86,796		(4)	(4)	Common stock	86,796	(4)	86,796	D
Restricted Stock Unit Award 01/27/2014	$0	01/26/2015		M			37,582	(4)	(4)	Common stock	37,582	$37.34	75,167(5)	D
Restricted Stock Unit Award 01/28/2013	$0	01/26/2015		M			33,794	(4)	(4)	Common stock	33,794	$37.34	33,799(6)	D
Performance Shares- Stock Units	$0	01/26/2015		A		91,378		(7)	(7)	Common stock	91,378	(7)	136,378(7)(8)	D
Performance Shares- Stock Units	$0	01/26/2015		M			136,378	(8)	(8)	Common stock	136,378	$37.34	0	D
Def. Comp. Phantom Share Equivalents	(9)							(9)	(9)	Common stock	5,773		5,773(10)	D

Explanation of Responses:

1. Balance includes 1,409 shares acquired on March 10, 2014; 1,121 shares acquired on June 10, 2014; 1,271 shares acquired on September 10, 2014; and 1,168 shares acquired on December 10, 2014 through automatic dividend reinvestment.

2. Shares withheld by the Issuer for reporting person's tax obligation.

3. Shares settled in cash on a 1 for 1 basis.

4. Restricted stock unit award made pursuant to the Exelon Long Term Incentive Plan. 1/3 of the shares awarded will vest upon the first, second and third anniversary date that is referenced in column 1.

5. Balance includes 1,129 shares acquired on March 10, 2014; 916 shares acquired on June 10, 2014; 1,039 shares acquired on September 10, 2014; and 964 shares acquired on December 10, 2014 through automatic dividend reinvestment.

6. Balance includes 677 shares acquired on March 10, 2014; 549 shares acquired on June 10, 2014; 623 shares acquired on September 10, 2014; and 578 shares acquired on December 10, 2014 through automatic dividend reinvestment.

7. Transition performance shares awarded pursuant to the Exelon Long Term Incentive Plan in connection with transition from one-year to three-year performance period for the performance share award program. Shares vest immediately upon award.

8. Performance Shares awarded pursuant to the Exelon Long Term Incentive Plan. 1/3 of the shares awarded vest immediately upon receipt. The remaining shares vest in 1/3 increments on each of the first and second anniversaries of the grant date. Under certain circumstances some or all of the vested shares may be settled in cash on a 1 for 1 basis based on the cash value of the underlying stock on the date of vesting.

9. Phantom share equivalents representing units held in the Exelon stock fund in a multi-fund, non-qualified deferred compensation plan. The Exelon stock fund is a unitized fund that consists of Exelon common stock and short term investments. Units of the fund will be settled upon the reporting person's separation from the board for any reason. Units will be settled in cash. Units are acquired through regular periodic contributions of deferred board compensation and the reinvestment of dividend equivalents. The balance of phantom share equivalents may fluctuate from time to time due to fluctuations in the fund composition.

10. Balance as of December 31, 2014. Balance includes 59 share equivalents accrued on February 12, 2014; 50 on May 13, 2014; 55 on August 13, 2014; and 49 on November 13, 2014 through automatic dividend reinvestment.

Remarks:

	Lawrence C. Bachman, Attorney in Fact for Christopher M. Crane	01/28/2015
	** 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 4 (b)(v).
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