McLaren John 4

4 · AES CORP · Filed Feb 24, 2009

Form 4

Period: 2009-02-20

Executive VP

Transactions

Disposition to Issuer
Restricted Stock Units
2009-02-20−7,039→ 68,814 total
→ Common Stock (7,039 underlying)
Award
Restricted Stock Units
2009-02-20$6.71/sh+37,641$252,571→ 75,853 total
→ Common Stock (37,641 underlying)
Award
Stock Option (Right to Buy)
2009-02-20+83,910→ 83,910 total
Exercise: $6.71From: 2010-02-20Exp: 2019-02-20→ Common Stock (83,910 underlying)

Holdings

Footnotes (3)

[F1]This restricted stock unit award ("RSU") was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal installments beginning on February 20, 2010, if certain continuing employment and performance conditions are satisfied. If such conditions are satisfied, each RSU entitles the holder to between 0 and 1.5 shares, based on performance, of AES Common Stock or the cash equivalent, such delivery form decision is at the discretion of The AES Corporation Compensation Committee of the Board of Directors on January 1, 2014 or as soon as administratively practicable thereafter.
[F2]The Company did not meet the threshold performance conditions for this 2006 RSU award resulting in the forfeiture of the award.
[F3]This stock option award was granted pursuant to The AES Corporation 2003 Long Term Compensation Plan and will vest in three equal annual installments if certain continuing employment conditions are satisfied. If such conditions are satisfied, the first installment becomes exercisable on February 20, 2010 and the next two become exercisable on February 20, 2011 and February 20, 2012, respectively.

Documents

1 file