4//SEC Filing
AES CORP 4
Accession 0001127602-09-004733
$AESCIK 0000874761operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 5:51 PM ET
Size
15.9 KB
Accession
0001127602-09-004733
Insider Transaction Report
Form 4
AES CORPAES
Woodruff Mark
EVP and Reg Pres Asia & ME
Transactions
- Disposition to Issuer
Restricted Stock Units
2009-02-20−6,492→ 57,923 total→ Common Stock (6,492 underlying) - Award
Restricted Stock Units
2009-02-20$6.71/sh+31,669$212,499→ 64,415 total→ Common Stock (31,669 underlying) - Award
Common Stock
2009-02-20$6.71/sh+2,742$18,399→ 41,041 total(indirect: By 401(k)) - Award
Stock Option (Right to Buy)
2009-02-20+70,598→ 70,598 totalExercise: $6.71From: 2010-02-20Exp: 2019-02-20→ Common Stock (70,598 underlying) - Award
Units
2009-02-20$6.71/sh+6,088$40,850→ 10,024 total→ Common Stock (6,088 underlying)
Holdings
- 8,237
Common Stock
Footnotes (5)
- [F1]This 8% (of base salary) discretionary retirement savings award was granted pursuant to The AES Retirement Savings Plan (the "Plan") as determined by The AES Corporation Board of Directors on February 20, 2009 subject to applicable IRS contribution limits. The closing stock price on February 20, 2009 was used to determine the number of shares awarded. Between January 5 and February 20, 2009, this reporting person acquired 231 shares of AES Common Stock under the Plan.
- [F2]These are units awarded pursuant to the Restoration Supplemental Retirement Plan ("Restoration Plan"). Generally, units under the Restoration Plan shall be paid out following termination of employment or later as per the terms of the plan document. Each unit is initially equal to one share of AES Common stock and units under the Restoration Plan are 100% vested upon 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 installments become exercisable on February 20, 2011 and Februry 20, 2012, respectively.
- [F4]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.
- [F5]The Company did not meet the threshold performance conditions for this 2006 RSU award resulting in the forfeiture of the award.
Documents
Issuer
AES CORP
CIK 0000874761
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000874761
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 5:51 PM ET
- Size
- 15.9 KB