4//SEC Filing
Khanna Tarun 4
Accession 0001127602-09-009830
CIK 0000874761other
Filed
Apr 26, 8:00 PM ET
Accepted
Apr 27, 5:55 PM ET
Size
6.3 KB
Accession
0001127602-09-009830
Insider Transaction Report
Form 4
AES CORPAES
Khanna Tarun
Director
Transactions
- Award
Director Deferred Units
2009-04-23$6.69/sh+33,457$223,827→ 33,457 total→ Common Stock (33,457 underlying)
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.
Documents
Issuer
AES CORP
CIK 0000874761
Entity typeother
Related Parties
1- filerCIK 0001459592
Filing Metadata
- Form type
- 4
- Filed
- Apr 26, 8:00 PM ET
- Accepted
- Apr 27, 5:55 PM ET
- Size
- 6.3 KB