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
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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*
SKOLDS JOHN L

(Last) (First) (Middle)
10 SOUTH DEARBORN STREET
37TH 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2007
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 08/01/2007 M 56,847 A $70.15 97,178(1)(2) D
Common Stock 08/01/2007 M 7,735 A $70.15 104,913 D
Common Stock 08/01/2007 F 21,603 D $70.15 83,310 D
Common Stock 08/01/2007 F 2,940 D $70.15 80,370 D
Common Stock 08/01/2007 D 35,244 D $70.15 45,126 D
Common Stock 08/01/2007 D 4,796 D $70.15 40,330 D
Common Stock 401k Shares 4,589(3) 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
Stock Deferral Plan - Stock Units (5) 08/01/2007 M 56,847 (5) (5) Common Stock 56,847 $70.15 0 I By Stock Deferral Plan
Deferred Comp. Phantom Shares (4) 08/01/2007 M 7,735 (4) (4) Common Stock 7,735 $70.15 105 D
Explanation of Responses:
1. Includes 19,255 restricted shares.
2. Balance includes 139 shares acquired on 03/10/2007 and 127 shares acquired on 06/11/2007 through the automatic dividend reinvestment feature of Exelon plans.
3. Shares held as of 07/31/2007 in a multi-fund 401(k) Plan to be settled in cash upon the reporting person's termination of employment for any reason on a 1:1 basis. Shares are acquired through regular periodic contributions, company matching contributions, and the automatic reinvestment of dividends.
4. Phantom shares held in a multi-fund deferred compensation plan to be settled for cash upon the reporting person's termination of employment for any reason on a 1:1 basis. In December 2006, the plan was amended to allow participants a one-time election to receive a distribution on August 1, 2007. Shares are acquired through regular periodic contributions, company matching contributions, and the automatic reinvestment of dividends.
5. Units in the Exelon Stock Deferral Plan (SDP) were previously reported in Table I because they could only be settled in common stock. In December 2006, the SDP was amended to allow participants a one-time election to receive a distribution on August 1, 2007, and the SDP was subsequently amended to provide that if the participant satisfied certain criteria with respect to the amount of the participant's stock ownership, the participant could elect to receive the distribution from the SDP in cash instead of in common stock.
Remarks:
Scott N. Peters, Attorney in Fact for John L. Skolds 08/02/2007
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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