Shareholder Investment Plan
This section is intended as an overview of the Shareholder Investment Plan (SIP) only. For detailed information please review the entire prospectus.
About the Plan and How to Join
Constellation Energy offers a Shareholder Investment Plan (SIP) that allows you, as a registered shareholder, flexibility in managing your investment with the Company.
If you would like to join the plan, you must first read the prospectus and execute the appropriate authorization form. To obtain a prospectus, prospectus supplement and participation forms contact the plan agent at the following address:
American Stock Transfer & Trust Company
P.O. Box 922
Wall Street Station
New York, NY 10269-0560
Phone and IVR service: 1-800-258-0499
Calls are answered Monday through Thursday from 8:00 a.m. to 7:00 p.m., and on Friday from 8:00 a.m. to 5:00 p.m., eastern time. The IVR system is available 24 hours a day, 7 days a week.
Web site: www.amstock.com
SIP Transaction Fees
Brokerage commissions and fees are expected to be no higher than 12 cents a share for shares purchased and sold in the market for participants.
Transaction fees (per transaction):
Reinvestment of dividends = 2% of dividend amount to a maximum of $2.50.
Optional cash investments = $2.50
Custody of certificated shares = $7.50 (if a sale is not also requested)
Sale of shares = $15.00
Termination of account = $15.00
Shareholder Investment Plan Features
Custody Of Shares
As a registered shareholder, you can deposit your stock certificates under the Custody feature of the SIP.
Reinvesting Dividends
As a registered shareholder, you can elect to reinvest dividends on all, or some, of the shares you hold in certificate form and the shares held in your SIP account.
Purchasing Shares
As a registered shareholder, you can purchase additional shares of Constellation Energy Common Stock for your SIP Account.
Requesting Certificates for SIP Shares
You can request a stock certificate for some, or all, of the full shares held in your SIP account.
Selling Shares
You can sell shares held in your SIP account at any time.
To sell shares you hold in certificate form, you must first deposit the shares into your SIP account under the custody feature of the plan.
Transferring Plan Shares
You can request to transfer shares held in your SIP account to another existing account or a new account.
All stock transfer requests require a Medallion Signature Guarantee*.
*The Medallion Signature Guarantee is not a notarization. It is a statement (stamp and signature) given by a financial institution such as a commercial bank, credit union, brokerage firm, etc., that are members of the Securities Transfer Association Medallion Program (STAMP), New York Stock Exchange Program or the Stock Exchange Medallion Program (SEMP, MSP).
The guarantee verifies:
- The security is endorsed by the appropriate person(s), and
- The signer has the legal capacity to sign.
We recommend you call your bank, credit union or broker to determine if they participate in a Medallion Signature Guarantee Program.
