KOSKINEN JOHN A 4
4 · AES CORP · Filed Apr 27, 2009
Insider Transaction Report
Form 4
AES CORPAES
KOSKINEN JOHN A
Director
Transactions
- Award
Units
2009-04-23$6.69/sh+34,957$233,862→ 100,133 total→ Common Stock (34,957 underlying)
Holdings
- 30,000(indirect: By IRA)
Common Stock
Footnotes (1)
- [F1]Pursuant to the Amended and Restated Deferred Compensation Plan for Directors of The AES Corporation ("AES"), Non-Employee Directors may elect to defer receipt of annual cash compensation, in addition to the mandatory first 34% of the Annual Retainer, otherwise payable to such Director in the form of stock units, and may also elect to receive his/her Deferred Incentive Compensation Grant in the form of stock units and/or an option grant valued at $110,000, in the aggregate, on the grant date. The number of stock units awarded to a Non-Employee Director is determined by dividing the cash compensation and dollar value of the equity compensation to be awarded in stock units by the closing market price of the Company's Common stock on the grant date. A Non-Employee Director is not eligible to receive a distribution of shares from settlement of his/her stock units until after termination of Board service in accordance with his/her respective Distribution Election Notification. Each stock unit is the economic equivalent of one share of AES Common stock.