X0202 4 2007-01-17 0001047862 CONSOLIDATED EDISON INC ED 0001232007 MCMAHON JOHN D CONSOLIDATED EDISON, INC. C/O SECRETARY 4 IRVING PLACE; ROOM 1618-S NEW YORK NY 10003 0 1 0 0 President & CEO, O&R Common Stock 2007-01-17 4 M 0 2501.67 A 37522.72 D Common Stock 2007-01-17 4 D 0 2501.67 47.53 D 35021.05 D Common Stock 1813.61 I Tax Reduction Act Stock Ownership Plan (TRASOP) Common Stock 494.93 I By THRIFT PLAN Performance Based Restriced Stock Units (Phantom Stock) 2007-01-17 4 A 0 14000 A Common Stock 14000 14000 D Performance Based Restriced Stock Units (Phantom Stock) 2007-01-17 4 M 0 2501.67 D 2007-01-17 2007-01-17 Common Stock 2501.67 0 D Not Applicable. Performance Based Restricted Stock Units (phantom stock) ("PBRS") cash-out pursuant to the terms of the Consolidated Edison, Inc.(the "Company") Long Term Incentive Plan (the "Plan"). PBRS granted under the Company's Plan. The PBRS will vest in 2010 when they are determined and awarded by the Management Development and Compensation Committee of the Company's Board of Directors. PBRS are converted into common stock on a 1 for 1 basis. The number of shares (or cash equivalents) will be adjusted based on certain performance criteria, including criteria other than the market price, specified under the Company's Plan. The number of shares (or cash equivalents) were adjusted based on certain performance criteria, including criteria other than the market price, specified under the Company's Plan. Peter J. Barrett; Attorney-in-Fact 2007-01-19