FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Khouzami Carim V
2. Date of Event Requiring Statement (MM/DD/YYYY)
12/2/2019 

3. Issuer Name and Ticker or Trading Symbol

EXELON CORP [EXC]
(Last)        (First)        (Middle)

10 S. DEARBORN STREET, 54TH FLOOR
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
CEO of BGE /
(Street)

CHICAGO, IL 60603      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 11008 D  
Common Stock (401k shares) 644 I By Exelon Employee Savings Plan (401k plan) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit Award (01/30/2017)  (1) (1)Common stock 1278  (1)D  
Restricted Stock Unit Award (01/29/2018)  (2) (2)Common stock 2257  (2)D  
Restricted Stock Unit Award (02/04/2019)  (3) (3)Common stock 2652  (3)D  
Deferred Compensation Equivalent Shares  (4) (4)Common stock 639  (4)D  

Explanation of Responses:
(1) Remaining 1/3 increment of annual restricted stock unit (RSU) award granted in 2017 pursuant to the Exelon Long Term Incentive Plan; each award vests in 1/3 increments on the date of the Compensation & Leadership Development Committee's January meeting in the first, second and third years after the award was granted. Award balances accrue addtional units through automatic dividend reinvestment, which vest on the same schedule as the underlying award.
(2) Remaining 2/3 increment of annual RSU award granted in January 2018 pursuant to the Exelon Long Term Incentive Plan; each award vests in 1/3 increments on the date of the Compensation & Leadership Development Committee's January meeting in the first, second and third years after the award was granted. Award balances accrue addtional units through automatic dividend reinvestment, which vest on the same schedule as the underlying award.
(3) Annual RSU award granted in February 2019 pursuant to the Exelon Long Term Incentive Plan; each award vests in 1/3 increments on the date of the Compensation & Leadership Development Committee's January meeting in the first, second and third years after the award was granted. Award balances accrue addtional units through automatic dividend reinvestment, which vest on the same schedule as the underlying award.
(4) 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 termination of service for any reason. Units will be settled in cash. Units are acquired through regular periodic contributions, company matching contributions 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Khouzami Carim V
10 S. DEARBORN STREET
54TH FLOOR
CHICAGO, IL 60603


CEO of BGE

Signatures
Elizabeth M. Hensen, Attorney-in-Fact for Carim V. Khouzami12/11/2019
**Signature of Reporting PersonDate

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